NorthMarq Capital office finalized refinance of $4,870,000 for Boynton Villas in Boynton Beach, Florida
MIAMI (February 6, 2017) – Jordan Hopkins, vice president of NorthMarq Capital’s Miami-based regional office, secured the $4.87 million refinance of Boynton Villas, a 72-unit multifamily property located at 222 SE 5th Avenue in Boynton Beach, Florida. The transaction was structured with a 5-year term with 1-year of interest only followed by a 30-year amortization schedule. NorthMarq arranged the financing with a national small balance-Freddie Mac lender.
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.
