SEATTLE—Bob Spiro, senior vicepresident/managing director and Chris Pohlad, vicepresident of NorthMarq Capital's Seattle basedregional office recently arranged the refinancing of twomultifamily properties in Puyallup, WA, andSeattle worth a combined $52.709 million.

NorthMarq arranged financing for the borrower in bothtransactions through its affiliate AmeriSphere MultifamilyFinance, LLC, a Fannie Mae DUS lender.

Riverside Park Apartments: This 379-unitproperty, located at 3107 E. Main Avenue in Puyallup, WA, wasrefinanced at $32.059 million. The transaction was structured witha 10-year term and 30-year amortization schedule.

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David Phillips

David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.

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