January 16, 2013

NorthMarq Capital arranged $1.138 million mortgage for Water’s Edge Portfolio in Fayetteville, North Carolina

Water's Edge Portfolio

Debt & Equity

Multi-Tenant

RALEIGH (January 16, 2013) – Todd Crouse, senior vice president and senior director of NorthMarq’s Raleigh Regional office, arranged acquisition financing of $1.138 million for Water’s Edge Portfolio located in Fayetteville, North Carolina. The portfolio consists of 36 single-family, non-contiguous, market-rate residential units. Financing was based on a 5-year term and a 20-year amortization schedule. The loan was arranged for the borrower by NorthMarq through its relationship with a local bank.

Available Multifamily properties

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.