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NorthMarq

WisconsinFinanceMultifamily

Northmarq closes refinance of 406-unit apartment property in Wisconsin

Mark Ebersold, vice president in Northmarq’s Charlotte, North Carolina-based debt/equity office, negotiated the $28.15 million refinance of Village Green Apartments. The 406-unit multifamily property is…
April 15, 2022
OhioFinance

Rate volatility triggers refi opportunities: Plenty of financial incentives to refinance ahead of maturity dates

On the heels of the long-anticipated Fed rate hike in mid-March – its first since 2018 –cost of capital is top-of-mind for real estate owners.
Noah Juran, Northmarq April 15, 2022
MinnesotaCRE

Minneapolis’ Northmarq hires chief marketing officer

Northmarq has hired JoAnn Neau, a 25-year marketing leader, as the company’s first chief marketing officer. Neau comes to Northmarq from Thrivent, where she led…
April 11, 2022
KansasMultifamily

Northmarq closes sale of 56-unit apartment building in Kansas City

Gabe Tovar and Jeff Lamott, investment sales advisors in Northmarq’s Kansas City office, brokered the sale of Centropolis on Grand, a 56-unit mid-rise apartment building…
March 11, 2022
MinnesotaCRE

Minneapolis’ Northmarq names president of debt and equity business

Jeff Erxleben has been promoted to president of Minneapolis-based Northmarq's debt and equity business. He has spent the last four years as executive vice president/executive…
March 8, 2022
IllinoisMultifamily

Northmarq Chicago arranges refinancing of $19.2 million for senior housing community in Oakbrook, Illinois

SVP and Managing Director of Northmarq Chicago Sue Blumberg refinanced Mayslake Center II senior housing community for $19.2 million. The 249-unit multifamily property is located…
March 7, 2022
IllinoisIndustrial

Northmarq Chicago arranges $15.75 million in refinancing of industrial properties in suburban Chicago

Jeff Frankel, senior vice president and senior director in Northmarq’s Chicago office, finalized refinancing of two industrial properties totaling a combined 275,254 square feet located…
February 17, 2022
IllinoisFinance

Northmarq’s Chicago office arranges sale of Orland Towne Center in Orland Hills, Illinois

Jeff Frankel, senior vice president of Northmarq’s Chicago office, in conjunction with brokering the sale of Orland Towne Center, arranged a $14.6 million first mortgage…
February 15, 2022
OhioFinance

Northmarq closes $6.3 million loan for 89,327-square-foot office building in Cincinnati market

Christina Grimme, vice president in Northmarq’s Cincinnati regional office, closed the $6.3 million loan to finance the acquisition of Executive Plaza III, an 89,327-square-foot office…
January 19, 2022
MissouriMultifamily

Northmarq provides $46 million construction loan for 266-unit luxury apartment community in Missouri

David Garfinkel, senior vice president/managing director of Northmarq’s St. Louis-based regional office, completed the $46 million construction loan for The Flats at Wildhorse Village. The…
January 7, 2022
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