NORTHMARQ SECURES $41 MILLION ACQUISITION FINANCING

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BLACKSBURG, VA. — Frank Relihan, Gary McGlynn and Kenneth Gentzel of NorthMarq's Bethesda, Md., office have arranged $41 million acquisition financing for the 757-unit Terrace View Apartments, located at 301 Hunt Club Rd. in Blacksburg. The 10-year financing has a 30-year amortization schedule and was arranged through AmeriSphere Multifamily Finance, a Fannie Mae DUS Lender.

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