NorthMarq’s Richmond office arranges the $10.7 million refinance for hospitality property in Durham, North Carolina
Date: 4/23/2020
Name: Erwin Terrace I & II
Amount: $10,750,000
Size: 118,710 sq. ft.
Location: Durham, North Carolina
Lender Type: Insurance Company
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 more than $52 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.