NorthMarq’s Chicago office finalizes $8 million refinance of Westchester Apartments in Kenosha, Wisconsin
Westchester Apts
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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About Northmarq
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.
