Melissa Marcolini Quinn, senior vice president/managing director in NorthMarq's Orlando-based office completed acquisition financing for two multifamily properties, The Legacy at Lanier and The Legacy at Norcross. NorthMarq arranged financing for both properties through its in-house Fannie Mae platform.

"Legacy at Lanier and Legacy at Norcross represent two properties that our client was acquiring on a tight timeline. We were able to work diligently to ensure a seamless execution for the Sponsor, Blue Lake Capital," said,Melissa Marcolini Quinn.

Legacy at Lanier: Quinn arranged acquisition financing of $12,910,000 for Legacy at Lanier. The 150-unit multifamily property is located at 1750 Columns Drive in Gainesville, Georgia. The transaction was structured with a 10-year term with 3-years of interest-only followed by a 30-year amortization schedule.

Legacy at Norcross: Quinn arranged acquisition financing of $8,978,000 for Legacy at Norcross, a 100-unit multifamily property located at 1012 Harbins Road Northwest, Norcross, Georgia. The transaction was structured with a 10-year term with 3-years of interest-only followed by a 30-year amortization schedule.

About Us

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of $13 billion, loan servicing portfolio of more than $57 billion and the multi-year tenure of our more than 500 people.