Luke Donahue, Senior Director ofNorthMarq’s Phoenix regional office, funded a $6,552,000 million loan for Bella Solano Apartments, a 160 unit multifamily property located at 5656 N. 17th Ave., Phoenix. NorthMarq funded this financing for the borrower through its FHLMC seller-servicer platform.
“We’re pleased to have funded another NorthMarq/FHLMC loan on behalf of our good client,” said Donahue. “The subject was refinanced with a Freddie Mac CME Capped ARM with a very low interest rate.”