Northmarq's Austin office completes financing of 8th Street Lofts
Date: September 26, 2022
Size: 5 units
Location: Austin, Texas
Lender type: Commercial bank
Loan sub-type: Permanent-fixed
Winning quote: Developer built these five contiguous townhomes in 2021. Class A asset in a superior location near downtown Austin. Northmarq refinanced the construction debt with a permanent loan. 10-year fixed rate below 4.5%.
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Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.
