NorthMarq Arranges $15.33 Million Mortgage for Desert Harbor Apartments

John Kinser and Luke Donahue of NorthMarq’s  Phoenix regional office arranged acquisition financing of $15.33 million for Desert Harbor Apartments, a 264-unit, market-rate multifamily property located at 8885 West Thunderbird Road in Peoria, Arizona.  Financing was based on 10-year term and a 30-year amortization period.  NorthMarq arranged this financing for the borrower, Desert Harbor, LLC,…