Multifamily - Debt

NorthMarq Capital

NorthMarq Capital’s Miami office secures $1.235 million refinance of West Palm Beach Villas in West Palm Beach, Florida

MIAMI (December 4, 2018) – Jordan Hopkins, vice president of NorthMarq Capital’s Miami regional office arranged the $1.235 million refinance of West Palm Beach Villas, a 30-unit multifamily property located in West Palm Beach, Florida. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a local bank.

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of $13 billion, loan servicing portfolio of more than $57 billion and the multi-year tenure of our more than 500 people.