NorthMarq’s Phoenix office arranges refinance of Tuscany Villa & Estates in Las Cruces, New Mexico
PHOENIX, ARIZONA (March 4, 2021) – Griffin Martin, senior vice president/managing director and James DuMars, senior vice president/managing director of NorthMarq’s Phoenix Debt/Equity team collaborated to secure the refinance of Tuscany Villa & Estates. The 138-unit multifamily property is located at 1151 North Roadrunner Parkway in Las Cruces, New Mexico. The transaction was structured with a fully-amortizing 15-year term. NorthMarq arranged the permanent-fixed loan for the borrower through its in-house Fannie Mae platform.
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