NorthMarq Capital’s Miami office secures $19.125 million refinance of Creek on Calloway in Richland Hills, Texas
MIAMI (December 18, 2017) – Jeff Robertson, senior vice president/managing director of NorthMarq Capital’s Miami regional office, negotiated the $19.125 million refinance of a 247-unit multifamily property located in Richland Hills, Texas. The recently renovated apartment complex offers spacious layouts and numerous amenities. This transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with Freddie Mac. “Freddie Mac was very helpful with this deal,” noted Robertson.
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.
