Multifamily

NorthMarq Capital’s Dallas office finalizes $42.99 million refinance of high-rise in Dallas, Texas

DALLAS (December 20, 2017) – Paul Brighton, senior vice president/senior director of NorthMarq Capital’s Dallas regional office, secured refinancing of $42,990,000 for a multifamily property in Dallas, Texas. NorthMarq arranged financing for the borrower through an FHA platform.

“We were able to help refinance an existing high-rise in North Dallas by using green energy standards and highly favorable interest rate pricing,” said Brighton.

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through its 36 offices across the U.S. The company has built long-term relationships with life companies, CMBS platforms and local, regional and national banks, with a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. The company closes approximately $13 billion in commercial real estate loans annually and services a loan portfolio of more than $50 billion. For more information please visit www.northmarq.com.