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 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.
