NorthMarq's Dallas office arranges acquisition financing of $8.02 million for The Peppertree and Spanish Oaks Apartments in Odessa, Texas
DALLAS (May 16, 2018) – NorthMarq’s Dallas regional office, arranged acquisition financing of $8.02 million for The Peppertree and Spanish Oaks Apartments, a multifamily property consisting of 180 units located at 4600 Oakwood Drive in Odessa, Texas. NorthMarq arranged financing for the borrower through its relationship to a bridge/mezzanine lender.
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.
