NORTHMARQ CAPITAL ARRANGES $9.5 MILION MULTIFAMILY LOAN IN N.C.

GREENSBORO, N.C. — NorthMarq Capital has arranged $9.5 million in first mortgage financing for Northwinds Apartments. Located in Greensboro, the property offers 332 multifamily units. Financing was based on a 10-year term with a 30-year amortization schedule. Bill Matone of NorthMarq's Charlotte, N.C., regional office secured the financing through Freddie Mac.