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WisconsinCRE

NorthMarq’s Milwaukee office closes refinance for 208-unit apartment complex

Staff Writer April 5, 2017
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David Woida, vice president and managing director of NorthMarq’s Milwaukee office, recently arranged first mortgage refinancing of $16.22 million for Pepper Cove Apartments, a 208-unit conventional multi-family property in Miami.

Financing was based on a 12-year term and a 30-year amortization schedule.

NorthMarq arranged the financing through its affiliate AmeriSphere Multifamily Finance LLC, a Fannie Mae DUS lender.

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