The Dakota at Abacoa is a 190-unit class A multifamily project located in the Abacoa master planned community. The Dakota at Abacoa is a 190-unit class A multifamily project located in the Abacoa master planned community.

MIAMI—NorthMarq Capital’s New Jersey team is getting busy in South Florida. Gregory Nalbandian, managing director of the firm’s New Jersey-based regional office, just arranged $26.25 million of permanent financing for The Dakota at Abacoa Apartments.

The Jupiter, FL apartment complex is newly constructed. NorthMarq classifies it as a “super luxury multifamily” property. Representing the borrower, a Florida-based national multifamily investor, NorthMarq placed the loan with life company correspondent, PPM Finance.

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