Northmarq arranged a $55 million bridge loan financing of 403 West, a 438-unit garden apartment community located at 403 Wolf Creek Circle in Raleigh, North Carolina, on behalf of the borrower, Blackfin Real Estate Investors, through a relationship with Truist Bank. The transaction was structured on a three-year term.

Built in 2002, 403 West features spacious one-, two-, three- and four-bedroom floor plans. Units include renovated unfurnished homes and oversized patio. Community amenities include an elevated resident lounge, a luxury café station, a gas grill pavilion, a 24-hour fully equipped fitness center, bike storage, a bark park with a shade pavilion, a pickleball court, a sparkling resort-style pool, and a playground.

The project is situated just off Hillsborough Street between Interstates 40 and 440.