Hudson Investing Secures $52.1 Million Loan From NorthMarq For Maple Knoll Apartments Acquisition
500 Bigleaf Maple Way
$52,100,000
Building Size
—
Asset Type
MultiFamily
Closing
Jul 30, 2026
AI
The property involved in this transaction is the Maple Knoll Apartments, a multifamily asset located at 500 Bigleaf Maple Way, Westfield, Indiana. The acquisition financing secured is for $52.1 million for the purchase of this 300-unit apartment complex, situated on a 24-acre site.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $52,100,000
- Address: 500 Bigleaf Maple Way
- Market: Westfield, IN
- Units: 300
- Acres: 24.0
- Lender: Cody Field & Annamarie Bjorklund - NorthMarq
- Landlord: Hudson Investing
- Loan Type: Acquisition
Hudson Investing is the entity that secured the financing for this acquisition, with NorthMarq facilitating the loan through its Freddie Mac platform. Additionally, Torchlight Investment provided equity for the deal, and the buyer intends to implement renovations as part of their value-add strategy after acquiring the property from an unnamed institutional insurance company.
Players
Westfield MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.30%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93