Northmarq’s West Palm Beach Debt + Equity team arranges $2.95 million refinance of Weiss Apartments in Milwaukee, WI
Northmarq’s West Palm Beach Debt + Equity team of David Gahagan, Chris Hammel and Chandler Kaye successfully arranged the $2.95 million refinance of Weiss Apartments, a 12-unit multifamily community located at 1534 N. Farwell Ave in Milwaukee, Wisconsin. Northmarq arranged the bridge loan on behalf of the borrower, Fairchild Acquisitions, through a relationship with Genesis Capital.
“This transaction continues Fairchild Acquisitions’ dedication to the transformation of historic Milwaukee properties,” Kaye said. “This project will bring new life to a previous furniture store on the main corridor in Milwaukee’s Lake Park district, which is currently vacant. Once completed, the property will feature a rooftop lounge, gym, and 12 luxury apartment units.”
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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.
