Sue Blumberg, senior vice president and managing director of NorthMarq’s Chicago regional office, arranged first mortgage refinancing of $14.5 million for Shagbark Apartments, a 460-unit market-rate multifamily community located in Kenosha, Wis.
Financing was based on a 10-year term and a 30-year amortization schedule and was arranged for the borrower, Shagbark Apartments LLC, by NorthMarq through its seller-servicer relationship with Freddie Mac.
