NorthMarq’s Jacksonville office arranges $14.5 million refinance of The Village at Lakeside in Auburn, Alabama

The Village at Lakeside
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JACKSONVILLE, FLORIDA – Ryan Whitaker, Senior Vice President and Managing Director of NorthMarq’s Jacksonville-based regional office, secured the $14.5 million refinance of The Village at Lakeside. The 200-unit multifamily property is located at 1309 Gatewood Drive in Auburn, Alabama.

Financing Details:
- 12-year term
- 4-years of interest only
- 30-year amortization schedule
- NorthMarq arranged the financing for the borrower through its in-house Fannie Mae team

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.