Brandon Harrington closes $49 million financing for Novel Rio in Tempe, Arizona

Novel Rio
9eea0127-77b9-4e18-a2bc-3d19b0cefb2b.jpg

- Date: June 2019
- Name: Novel Rio
- Loan Amount: $49,000,000
- Lender: Bridge
- Location: Tempe, Arizona
- Size: 209 units

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.