NorthMarq Capital’s Atlanta office secures $14.8 million acquisition of Madison on the Green in Augusta, Georgia
ATLANTA (August 11, 2017) Wanda Riggs Mack, vice president of NorthMarq Capital’s Atlanta regional office, arranged the acquisition financing of $14,800,000 for Madison on the Green, a 276 unit multifamily property located in Augusta, Georgia. The transaction was structured with a three-year term with all three years interest-only. NorthMarq arranged financing for the borrower through its relationship with a bridge lender.
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.
