NorthMarq Capital arranges $2.128 million acquisition of Woodlands Apartments in Statesville, North Carolina
Woodlands Apts
CHARLOTTE (January 13, 2014) – Kevin Jenkins, Vice President/Producer of NorthMarq Capital’s Charlotte regional office arranged acquisition financing of $2,128,000 for Woodlands Apartments, a 100-unit complex located in Statesville, North Carolina. Financing for the transaction was structured with a 7-year term and 30-year amortization. NorthMarq facilitated financing for the borrower through its relationship with a Fannie Mae DUS lender.
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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.
