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. 

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of $13 billion, loan servicing portfolio of more than $55 billion and the multi-year tenure of our more than 500 people.