NorthMarq Arranges $2.8M Acquisition Loan for Apartment Community in Spartanburg

Westgate Apartments Spartanburg South Carolina

Westgate Apartments is a 122-unit multifamily community in Spartanburg, S.C.

SPARTANBURG, S.C. — NorthMarq Capital has arranged $2.8 million in acquisition financing for Westgate Apartments, a 122-unit multifamily community in Spartanburg. Dave Stewart of NorthMarq’s Charlotte office arranged the 10-year loan with a 30-year amortization schedule through an unnamed Fannie Mae DUS lender.

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