NorthMarq Capital’s Phoenix office closes $38,182,000 refinance of two apartment complexes in Phoenix, Arizona

Luke Donahue, senior vice president/senior director of NorthMarq Capital’s Phoenix regional office, arranged financing for two apartment properties located in Phoenix, Arizona.

 

Colter Park Apartments:  The 120-unit multifamily property received financing of $23,182,000. The full term interest-only loan was funded by NorthMarq’s Fannie Mae platform. The property is located at 909 West Colter Street in Phoenix, Arizona.

 

Parkwood Apartments:  The 344-unit multifamily property, located at 6751 West Indian School Road in Phoenix, Arizona, received $15,000,000 refinance. The full term interest-only loan was funded by NorthMarq’s Fannie Mae platform.

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