Northmarq and Advanced Real Estate are continuing their refinancing partnership with a new deal in Orange County. Minneapolis-based Northmarq originated a $50.1 million Freddie Mac refinancing loan tied to River House Apartment Homes in Santa Ana, Commercial Observer reported. The 240-unit garden-style complex is owned by Irvine-based Advanced Real Estate. The property at 2111 West 17th Street features a mixture of one- and two-bedroom units and amenities for residents including a fitness center, a pool and spa, a playground and a dog park. Freddie Mac, or the Federal Home Loan Mortgage Corporation, offered a 70 percent loan-to-value ratio with a […]
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