NORTHMARQ ARRANGES $10.7M LOAN FOR CHARLOTTE APARTMENTS

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CHARLOTTE, N.C. — NorthMarq Capital has arranged $10.7 million in refinancing for Sunset Village Apartments and Forestbrook Apartments, two apartment communities located in Charlotte. The apartment properties total 360 units. Bill Matone of NorthMarq’s Charlotte office arranged the 10-year, Freddie Mac loan with a 20-year amortization schedule.

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