NorthMarq’s Chicago office finalizes $8 million refinance of Westchester Apartments in Kenosha, Wisconsin
CHICAGO, ILLINOIS (November 8, 2019) – Jeff Frankel arranged the $8 million refinance of Westchester Apartments, a multifamily property located in Kenosha, Wisconsin.
Financing Details:
- 10-year term
- NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.
- Permanent-fixed loan
Producer Quote:
“The subject is a multifamily apartment complex consisting of ten buildings totaling 168 units. The buildings were constructed from 1986-1991 and are a mix of traditional units and condo style units with attached garages and in-unit laundry facilities.”
- Jeff Frankel
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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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.
