Northmarq’s West Palm Beach Debt + Equity team arranges $2.95 million refinance of Weiss Apartments in Milwaukee, WI

Weiss Apartments
12-unit multifamily community

Northmarq’s West Palm Beach Debt + Equity team of David Gahagan, Chris Hammel and Chandler Kaye successfully arranged the $2.95 million refinance of Weiss Apartments, a 12-unit multifamily community located at 1534 N. Farwell Ave in Milwaukee, Wisconsin. Northmarq arranged the bridge loan on behalf of the borrower, Fairchild Acquisitions, through a relationship with Genesis Capital. 

“This transaction continues Fairchild Acquisitions’ dedication to the transformation of historic Milwaukee properties,” Kaye said. “This project will bring new life to a previous furniture store on the main corridor in Milwaukee’s Lake Park district, which is currently vacant. Once completed, the property will feature a rooftop lounge, gym, and 12 luxury apartment units.”
 

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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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