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Northmarq Secures $70M in Financing for Two Miami Lakes Multifamily Properties
Senior Vice President – Managing Director of Northmarq’s Fort Lauderdale debt and equity office, Jeff Robertson, secured $70 million in financing for two non-contiguous multi-family properties in Miami Lakes. There are a combined total of 500 units between the two apartment buildings. Northmarq secured the 10-year permanent loan for the Graham Companies through its correspondent relationship with Empower Annuity Life Insurance Company.
“Both the lender and borrower were very patient working through the volatile interest rate market and willing to lock rate when others were not,” said Robertson. “Both parties and their respective teams worked exceedingly well together.”
These apartment homes in the heart of Miami Lakes were built in 1997 and 2000. Residents enjoy the comfort and convenience afforded by these two communities – a small town environment nestled among tree-lined streets, parks, and lakes yet still being in a central location in close proximity to major arteries.
- ◦Financing

