Northmarq secures refinance of The Ridge at Jonesboro

The Ridge at Jonesboro
48-unit multifamily property

Date:  June 27, 2024
Size:  48 units
Location:  1001 N. Patrick Street, Jonesboro, AR 72401
Year built:  2005
Finance type: External refinance
Lender type: Bank
Debt + Equity Team: Cheryl Higley, Ryan Shoars

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. 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.