NorthMarq's Newport Beach office announces the sale and financing of Villa Del Sol in Anaheim, California

Villa Del Sol
Investment Sales - Multifamily
Debt & Equity
Multi-Tenant
Multifamily
Permanent Loan - Fixed
Fannie Mae
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NEWPORT BEACH, CALIFORNIA (December 2, 2020) - NorthMarq's Newport Beach office announced the sale and financing of Villa Del Sol, a 70-unit value-add apartment building in Anaheim, California. The property was built in 1966. Villa Del Sol was marketed and sold during the COVID-19 pandemic and received financing through NorthMarq's Fannie Mae's Green Program. The transaction was a Tier 3 loan with 6-years of interest-only payments. Brendan Golding, vice president -debt/equity arranged the financing and Shane Shafer, managing director - investment sales arranged the sale. 

"This was a great collaboration between the NorthMarq Investment Sales and Debt & Equity teams. Working together made the acquisition process smooth and seamless for the client. The borrower plans to install solar panels at the property as part of the Fannie Mae Green Program," said Golding. 

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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.
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