NorthMarq Capital finalizes $9.25 million for Venable Court Apartments in Charlottesville, Virginia
Venable Court Apts
RICHMOND (July 13, 2015) – Keith Wells, managing director of NorthMarq Capital’s Richmond based regional office secured the $9.25 million refinancing of Venable Court Apartments, a 68,069 sq.ft. student housing property located at 409 13th Street NW in Charlottesville, Virginia. The property consists of three buildings with a total of 51 residential units and offers student housing for the University of Virginia, the premier post-secondary public institution in Virginia with a total undergraduate enrollment of 22,000 students.
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Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.
