Senior Housing - Debt

NorthMarq Capital

NorthMarq Capital arranges $7.5 million for Wisteria Gardens in Newnan, Georgia

ATLANTA (December 11, 2018) – Wanda Riggs Mack and Randy Wolfe of NorthMarq Capital’s Atlanta regional office, arranged $7,500,000 in financing for Wisteria Gardens, a 120-unit senior affordable multifamily property located in Newnan, Georgia. The transaction was structured with a 16-year term on a 30-year amortization schedule and provided funding to pay off the construction lender. NorthMarq arranged TAH financing for the borrower through its seller/servicer relationship with Freddie Mac. 

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 $55 billion and the multi-year tenure of our more than 500 people.