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.