NorthMarq Capital arranges $10.66 million refinancing of Sunset Village Apartments and Forestbrook Apartments in Charlotte, North Carolina
Sunset Village Apts and Forestbrook Apts
CHARLOTTE (December 16, 2013) – Bill Matone, senior vice president/managing director of NorthMarq’s Charlotte regional office, arranged refinancing of $10.66 million for Sunset Village Apartments and Forestbrook Apartments, two properties containing a combined 360 units. Financing for the multifamily properties was based on a 10-year term and 20-year amortization schedule and was arranged for the borrower by NorthMarq through its seller/servicer relationship with Freddie Mac.
About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
