{"id":1004113455,"date":"2015-02-15T22:14:29","date_gmt":"2015-02-16T06:14:29","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=325557"},"modified":"2020-04-14T23:22:19","modified_gmt":"2020-04-15T07:22:19","slug":"northmarq-refinances-five-bruno-apartment-communities","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/northmarq-refinances-five-bruno-apartment-communities\/","title":{"rendered":"NorthMarq Refinances Five Bruno Apartment Communities"},"content":{"rendered":"

By Eliza Theiss, Associate Editor<\/em><\/p>\n

\"\"<\/a><\/p>\n

Riverview Apartments<\/p>\n<\/div>\n

NorthMarq Capital\u2019s Miami office has arranged refinancing for a New Orleans multifamily portfolio owned by Bruno Inc. through its affiliation with a Fannie Mae DUS lender, the company announced. The deal was structured with a 10-year term and a 20-year amortization schedule. According to Canal Street Beat<\/a><\/em>, the non-recourse deal is worth well over $20 million. The portfolio includes Washington Place Apartments, Liberty Park Apartments, Forest Park Apartments, Riverview Apartments and Cypress Park Apartments. All feature remote-access gated parking, CCTV cameras and on-site maintenance and are managed through MetroWide Apartments.<\/p>\n

The 65-unit Cypress Park Apartments comprises one- and two-bedroom apartments and two-bedroom luxury townhomes. Cypress Park has recently been upgraded with new custom floors, granite countertops and new appliances and is hurricane resistant.<\/p>\n

Located in Kenner, La.\u2019s Historic Rivertown, in the Greater New Orleans area, the three-story Riverview Apartments comprises 45 artist lofts. The hurricane-resistant riverfront community features landscaped courtyards; an outdoor entertainment area complete with barbecue; tennis courts and outdoor activity areas for basketball, bocce ball, tetherball and horseshoes; as well as a laundry facility.<\/p>\n

The 25-unit Washington Place Apartments, the 20-unit Forest Park Apartments and the 10-unit Liberty Park Apartments are all adjacent to Uptown New Orleans.<\/p>\n

\"\"<\/a><\/p>\n

Forest Park Apartments<\/p>\n<\/div>\n

Forest Park comprises one-bedroom luxury lofts complete with energy-efficient appliances and walk-in closets, and amenities such as foos ball and pool tables. The community is in close proximity to public transport and boats a Walk Score<\/a> of 75.<\/p>\n

Washington Place features one-bedroom studios apartments complete with separate kitchen\/dining areas and energy-efficient appliances and fixtures. The recently renovated community is hurricane resistant. Liberty Park was recently renovated and offers two-bedroom lofts, landscaped grounds, pool tables and foos ball, \u00a0and is in close proximity to mass-transit.<\/p>\n

Click here for further New Orleans market data.<\/em><\/p>\n

Image credits: Riverview Apartments and Forest Park Apartments<\/em><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

NorthMarq Capital’s Miami office has arranged refinancing for a New Orleans multifamily portfolio owned by Bruno, Inc. through its affiliation with a Fannie Mae – DUS lender, the company announced.<\/p>\n","protected":false},"author":49,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1599,21742],"tags":[],"class_list":["post-1004113455","post","type-post","status-publish","format-standard","hentry","category-new-orleans","category-latest"],"acf":[],"yoast_head":"\nNorthMarq Refinances Five Bruno Apartment Communities - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/northmarq-refinances-five-bruno-apartment-communities\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NorthMarq Refinances Five Bruno Apartment Communities\" \/>\n<meta property=\"og:description\" content=\"NorthMarq Capital’s Miami office has arranged refinancing for a New Orleans multifamily portfolio owned by Bruno, Inc. through its affiliation with a Fannie Mae – DUS lender, the company announced.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/northmarq-refinances-five-bruno-apartment-communities\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-02-16T06:14:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-04-15T07:22:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/synd.yardi.com\/wp-content\/uploads\/sites\/46\/2015\/02\/Riverview-Apartments.jpg\" \/>\n<meta name=\"author\" content=\"Eliza Theiss\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/northmarq-refinances-five-bruno-apartment-communities\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/northmarq-refinances-five-bruno-apartment-communities\\\/\"},\"author\":{\"name\":\"Eliza Theiss\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/de1353a5de72f96494054df3ecca7de4\"},\"headline\":\"NorthMarq Refinances Five Bruno Apartment Communities\",\"datePublished\":\"2015-02-16T06:14:29+00:00\",\"dateModified\":\"2020-04-15T07:22:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/northmarq-refinances-five-bruno-apartment-communities\\\/\"},\"wordCount\":316,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/northmarq-refinances-five-bruno-apartment-communities\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/synd.yardi.com\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/02\\\/Riverview-Apartments.jpg\",\"articleSection\":[\"New Orleans\",\"News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/northmarq-refinances-five-bruno-apartment-communities\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/northmarq-refinances-five-bruno-apartment-communities\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/northmarq-refinances-five-bruno-apartment-communities\\\/\",\"name\":\"NorthMarq Refinances Five Bruno Apartment Communities - 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