WESTCHESTER, NY (February 13, 2013) – Robert W. Ranieri, senior vice president and managing director of NorthMarq’s Greater Westchester NY/CT Regional office, arranged first mortgage refinancing of $8.25 million for Wolfe Run Apartments, a 216-unit market-rate multifamily property located at 8602 Cinnamon Creek in San Antonio, Texas. Financing was based on a 10-year term and a 30-year amortization schedule and was arranged for the borrower, Wolfe Run Associates Limited Partnership, by NorthMarq through its seller-servicer relationship with Freddie Mac.
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