Northmarq's Richmond arranges $15M construction loan for office building in Chester, VA

13281 Rivers Bend Blvd

CHESTER, Va. (September 19, 2024) Keith Wells and Win Martin of Northmarq’s Richmond Debt + Equity office successfully arranged $15 million in construction financing for a new office building. The property is located at 13281 Rivers Bend Blvd in Chester, Virginia. The construction loan was structured with a 12-year term and a 30-year amortization schedule. Northmarq secured the financing through a local bank.

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.