Northmarq Richmond secures $8M refinance of 108-unit multifamily property in Owings Mills, MD
Villages of Queen Anne Apartments
OWINGS MILLS, Md. — Keith Wells, Managing Director, and Win Martin, Associate, of Northmarq’s Richmond Debt + Equity team, successfully arranged the $8 million external refinance of the Villages of Queen Anne Apartments, a 108-unit garden apartment community in Owings Mills, Maryland. Northmarq’s in-house Fannie Mae team helped secure a fixed-rate, ten-year loan featuring a 30-year amortization schedule.
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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.
