NorthMarq Capital arranges $6.1 million financing for Creekside Apartments in Hickory, North Carolina
Creekside Apts
RALEIGH (June 2, 2014) – Brett Mason, vice president of NorthMarq Capital’s Raleigh regional office, arranged financing for Creekside Apartments, a 118-unit multifamily property located in Hickory, North Carolina. The transaction was structured with a 10-year term and 30-year amortization schedule. Financing for the borrower was arranged by NorthMarq through its Fannie Mae DUS platform.
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.
