Northmarq arranges $47.5M bridge loan for 296-unit multifamily property

Metronome at MidCity
296-unit multifamily property

Date: July 1, 2024
Size: 296 units
Location: Huntsville, Alabama
Finance type: Internal refinance
Lender type: Bridge/Mezz 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 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.