NorthMarq Capital arranges permanent financing of $3,055,000 and equity of $987,000 for Sunflower Apartments in Tucson, Ariz.

NorthMarq Capital’s Denver office arranged debt of $3,055,000, as well as equity totaling $987,000 for Sunflower Apartments located at 6502 E. Golf Links Road in Tucson, Ariz.

Sunflower Apts

The gated community consists of 144 units contained in eighteen, two-story buildings. Property amenities feature fitness center, pool and spa, 24-hour laundry facility, racquetball court, and playground. Units have Wi-Fi, vaulted ceilings, private entryways and balconies or patios.

Paul Bruder, vice president; and Conor McCahill, investment analyst, arranged the financing for the borrower through NorthMarq’s correspondent relationship with a life insurance company.

 

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