$5 MILLION LOAN ARRANGED FOR 152-UNIT APARTMENT COMPLEX

JACKSONVILLE, FLA. — Lamar Sara of NorthMarq Capital’s Jacksonville office has arranged a $5.5 million loan for Pickwick Apartments LTD’s 152-unit Pickwick Apartments in Jacksonville. The 10-year loan comes with a 30-year amortization schedule. AmeriSphere Multifamily Finance provided financing for the loan.