NorthMarq Capital’s Miami office secures $3.4 million refinance of Continental Apartments in Lauderhill, Florida
MIAMI (September 9, 2018) – Jeff Robertson, senior vice president/managing director of NorthMarq Capital’s Miami regional office, negotiated refinancing of $3.4 million for Continental Apartments, a 168-unit multifamily property located in Lauderhill, Florida. The transaction was structured with a fully-amortizing 15-year term. Northmarq arranged financing for the borrower through its relationship with Fannie Mae.
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.