NorthMarq Capital arranges acquisition financing of $12.4 million for Vantage Park Apartments in Seattle, Washington
Vantage Park Apts
DENVER (March 28, 2013) - John M. Stewart, senior vice president; and Ilan Reissner, investment analyst of NorthMarq’s Denver regional office, arranged financing of $12.4 million for Vantage Park Apartments located at 1011 E. Terrace Street in Seattle, Washington. Constructed in 2000, the community consists of 91 units in two, five and six-story residential buildings. Property amenities feature controlled access and garage parking with keyless entry, as well as a fitness room, social lounge and BBQ area. All of the units have washer/dryers, oversized windows and designer kitchens with microwaves. The property was purchased by an affiliate of Security Properties and one of their institutional partners.
About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
