NorthMarq Capital negotiates refinance of $19.839 million for multifamily property in Manchester, Missouri
DALLAS (October 3, 2017) – NorthMarq’s Dallas regional office, arranged the $19.839 million refinance of a 342-unit multifamily property located in Manchester, Missouri. The transaction was structured with a 15-year term with 7-years of interest only followed by a 30-year amortization. NorthMarq arranged financing for the borrower through its seller/servicer relationship with Freddie Mac.
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.
