NorthMarq Capital arranged $8.94 million mortgage for The Vineyards Apartments in Glendale, Arizona
The Vineyards Apts
PHOENIX – NorthMarq Capital's Phoenix regional office, arranged first mortgage refinancing of $8.94 million for The Vineyards Apartments, a 300-unit, market-rate suburban multifamily property located in Glendale, Arizona. Financing was based on a 7-year term and a 30-year amortization schedule. NorthMarq arranged this financing for the borrower, Vineyard/Phoenix Investments, LLC, an Arizona limited liability company, through its relationship with a local bank.
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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.
