Makor Capital Refinances 849-Unit Multifamily In Derry NH With $143.1M Fannie Mae Loan

The Fairways is an 849-unit Class B apartment complex located at 1 Forest Ridge Road in Derry, NH. Fannie Mae provided a refinance loan amounting to $143,100,000 for this multifamily property.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $143,100,000
• Address: 1 Forest Ridge Road
• Market: Derry, NH
• Lender: Fannie Mae
• Landlord: Chris Wyett - Makor Capital
• Broker: Ed Belz - Newmark
• Loan Type: Refinance

Newmark arranged the financing deal for Makor Capital in respect to this significant property transaction, facilitating the refinancing process for the landlord and showcasing the involvement of seasoned professionals in the brokerage of the loan.