Crossroads North Hills

NorthMarq Arranges $14M Acquisition Financing for Raleigh Apartment Community

by John Nelson

RALEIGH, N.C. — NorthMarq Capital has arranged $14 million in acquisition financing for Crossroads North Hills Apartments, a 228-unit multifamily property in Raleigh. Brett Mason of NorthMarq Capital’s Raleigh office arranged the 12-year loan with three years of interest-only payments and a 30-year amortization schedule through the Fannie Mae DUS platform.

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