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Northmarq Arranges $25M Acquisition Financing for Washington For-Rent Townhome Property
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Northmarq Arranges $25M Acquisition Financing for Washington For-Rent Townhome Property
Northmarq’s Seattle Debt + Equity team, led by Robert Spiro and Ben Biggers, arranged $25.5 million in acquisition financing for Chambers Reserve, a 125-unit luxury rental townhome community at 3725 Wildspitz Lane SE in Lacey, Washington. Northmarq arranged the permanent, fixed-rate loan through Freddie Mac on behalf of the borrower. The loan carries a seven-year term. ...
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