Winding-Brook-Hamilton-NJ

NorthMarq Capital Completes $41M in Refinancing for New Jersey Multifamily Portfolio

by Amy Works

HAMILTON, N.J. — NorthMarq Capital has arranged a total of $41 million in refinancing for a portfolio of four multifamily properties in Hamilton. The portfolio includes the 336-unit Winding Brook Apartments, the 240-unit Zachary Arms Apartments, the 128-unit Yorkshire Apartments and the 166-unit Hamilton Arms Apartments. The transactions were structured with 15-year terms and 30-year amortization schedules. Robert Ranieri of NorthMarq’s Greater Westchester NY/CT office arranged the financing through NorthMarq’s seller-servicer relationship with Freddie Mac.

You may also like