NorthMarq Capital’s Richmond office arranges permanent financing of $17.75 million for Hiatt Run Apartments in Winchester, Virginia

RICHMOND (August 31, 2018) – Mike Lowry, senior vice president of NorthMarq Capital’s Richmond based regional office, arranged permanent financing of $17.75 million for The Hiatt Run Apartments, an 8-building, 120-unit, garden-style apartment community located just north of the City of Winchester, Virginia. The financing was arranged with the Virginia Housing and Development Authority (VHDA).
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.