Northmarq’s Phoenix office finalizes $42,500,000 refinance of Class “A” multifamily property in Las Vegas, Nevada
PHOENIX, ARIZONA (June 8, 2021) – James DuMars, senior vice president/managing director of Northmarq’s Phoenix debt/equity team, arranged the $42,500,000 refinance of a Class “A” multifamily property. The 260-unit Class “A” multifamily property is located at 8251 West Sunset Road in Las Vegas, Nevada. The transaction was structured with a 12-year, full-term interest only, loan. Northmarq negotiated the permanent-fixed loan for the borrower through its Fannie Mae DUS platform.
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