Northmarq arranges $13.26M refinance of Longview Oaks in Harrisonburg, VA

Longview Oaks
multifamily property

HARRISONBURG, Va. (Sept. 9, 2024) Keith Wells and Win Martin of Northmarq’s Richmond Debt + Equity team arranged a $13.26 million external refinance for Longview Oaks. Built in 1985, the 138-unit property is located at 310-591 Vine Street in Harrisonburg, Virginia. Northmarq’s in-house Fannie Mae team provided the permanent fixed-rate loan featuring a 5-year term and a 30-year amortization schedule.

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.