NorthMarq’s Jacksonville office arranges $14.5 million refinance of The Village at Lakeside in Auburn, Alabama
JACKSONVILLE, FLORIDA – Ryan Whitaker, Senior Vice President and Managing Director of NorthMarq’s Jacksonville-based regional office, secured the $14.5 million refinance of The Village at Lakeside. The 200-unit multifamily property is located at 1309 Gatewood Drive in Auburn, Alabama.
Financing Details:
- 12-year term
- 4-years of interest only
- 30-year amortization schedule
- NorthMarq arranged the financing for the borrower through its in-house Fannie Mae team
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.
