Multifamily - Debt

NorthMarq Capital

NorthMarq Capital’s Charlotte regional office arranges $25 million bridge loan for refinance of Tuscan Heights in Greenville, South Carolina

CHARLOTTE (October 10, 2018) – Dave Stewart, vice president and Bill Matone, senior vice president/managing director of NorthMarq Capital’s Charlotte regional office, arranged a $25 million bridge loan for the refinance of Tuscan Heights, a 252-unit multifamily property located in Greenville, South Carolina. The transaction was structured with an 18-month interest-only term. NorthMarq arranged financing for the borrower through its relationship with a bridge/mezzanine 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