NorthMarq Capital’s Richmond office arranges $10 million permanent financing for Waverton Impressions in Newport News, Virginia

RICHMOND (July 19, 2017) Keith Wells, senior vice president/managing director of NorthMarq Capital’s Richmond regional office, arranged permanent financing of $10,000,000 for Waverton Impressions, a 132-unit multifamily property located in Newport News, Virginia. NorthMarq arranged financing for the borrower through its relationship with Waverton Associates, a well-established developer of multifamily complexes headquartered in Portsmouth, Virginia.
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.