REBusinessOnline

NorthMarq Arranges $8M Refinancing for Apartment Property in Vernon Hills, Illinois

Emerald Pointe Apartments includes 120 units.

VERNON HILLS, ILL. — NorthMarq Capital has arranged $8 million in refinancing for Emerald Pointe Apartments in Vernon Hills, a northern suburb of Chicago. The 120-unit apartment property is located at 695 Westmoreland Drive. Brett Hood of NorthMarq arranged the fixed-rate Fannie Mae loan, which features a seven-year term.

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