October 10, 2017

NorthMarq Capital arranges acquisition bridge/equity financing of $49,558,310 for Houston multifamily

Multifamily Property

Debt & Equity

Multi-Tenant

DALLAS (October 10, 2017) – NorthMarq’s Dallas office arranged acquisition bridge/equity financing of $49,558,310 for a 549-unit multifamily property located in Houston, Texas. The transaction was structured with a 5-year term with 3-years of interest only followed by a 30-year amortization schedule. NorthMarq arranged financing for the borrower through a national bridge lender and local equity investor.

Available Multifamily properties

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.