NorthMarq Capital Arranges $7.5M Loan for Multifamily Community in Winston-Salem

WINSTON-SALEM, N.C. — NorthMarq Capital has arranged a $7.5 million acquisition loan for Sedgefield Apartments, a 144-unit apartment community located at 4755 Country Club Road in Winston-Salem. Wanda Riggs Mack of NorthMarq’s Atlanta office arranged the seven-year loan with five years of interest-only payments followed by a 30-year amortization schedule. NorthMarq arranged the loan through its Fannie Mae DUS program on behalf of the borrower, Arcan Capital, which will own and manage Sedgefield Apartments.