NorthMarq Capital’s Miami office arranges $1,096,500 refinance of West Palm Beach Villas in West Palm Beach, Florida
MIAMI (June 21, 2017) Jordan Hopkins, vice president of NorthMarq Capital’s Miami regional office, arranged refinancing of $1,096,500 for West Palm Beach Villas, a 30 unit multifamily property located in West Palm Beach, Florida. The transaction was structured with a 10-year term on a 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a local bank.
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.
