NorthMarq Capital’s Tampa office finalizes $11 million refinance of senior housing in New Port Richey, Florida
TAMPA, FLORIDA (April 19, 2018) – NorthMarq Capital’s Tampa regional office, arranged the $11 million refinance of Villas at Hunter’s Ridge, a 221-unit garden-style 55+ community, located at 5223 Hunter’s Ridge Drive in New Port Richey, Florida. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its in-house Fannie Mae DUS platform.
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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.
