June 25, 2015

NorthMarq Capital arranges bridge loan for apartment complex in Phoenix, Arizona

Brentwood Apts

Debt & Equity

Multi-Tenant

PHOENIX – NorthMarq Capital’s Phoenix based regional office finalized acquisition financing of $9.06 million for Brentwood Apartments, a 224-unit multifamily property located at 11821 North 28th Drive in Phoenix, Arizona. “This non-recourse financing provided funds to acquire rehab and stabilize operations. NorthMarq customized the debt structure to compliment the new owner’s business plan. We were pleased to arrange another financing for our valued client,” said Donahue.

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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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.Northmarq.com.

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