Multifamily - Debt

NorthMarq Capital

NorthMarq Capital secures $32,378,000 in financing for multifamily property located in Irving, Texas

DALLAS (October 3, 2017) – Paul Brighton, senior vice president/senior director of NorthMarq Capital’s Dallas regional office, finalized $32,378,000 in construction financing for a 286-unit multifamily property located in Irving, Texas. NorthMarq arranged financing for the borrower through its relationship with a regional bank.

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through over 300 mortgage banking professionals in regional offices coast-to-coast and services a loan portfolio of more than $52 billion. In select markets, the company offers multifamily and manufactured housing investment sales through NorthMarq Multifamily. As a leader in capital solutions through long-term relationships with life companies, CMBS platforms and local, regional and national banks, the company also has a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. For more information please visit www.northmarq.com.