Multifamily - Debt

NorthMarq Capital

NorthMarq Capital’s Raleigh office secures $18.2 million refinance of Treybrooke Apartments in Greenville, North Carolina

RALEIGH (November 30, 2016) – Brett Mason, vice president of NorthMarq Capital’s Raleigh-based regional office, completed the $18.2 million refinance of Treybrooke Apartments, a 456-unit multifamily property located at 701 Treybrooke Circle in Greenville, North Carolina. The transaction was structured with a 7-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a portfolio lender.

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through over 300 mortgage banking professionals in regional offices coast-to-coast and services a loan portfolio of more than $52 billion. In select markets, the company offers multifamily and manufactured housing investment sales through NorthMarq Multifamily. As a leader in capital solutions through long-term relationships with life companies, CMBS platforms and local, regional and national banks, the company also has a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. For more information please visit www.northmarq.com.