Multifamily - Debt

NorthMarq Capital arranged $8.94 million mortgage for The Vineyards Apartments in Glendale, Arizona

PHOENIX – NorthMarq Capital’s Phoenix regional office, arranged first mortgage refinancing of $8.94 million for The Vineyards Apartments, a 300-unit, market-rate suburban multifamily property located in Glendale, Arizona. Financing was based on a 7-year term and a 30-year amortization schedule. NorthMarq arranged this financing for the borrower, Vineyard/Phoenix Investments, LLC, an Arizona limited liability company, through its relationship with a local bank.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.

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