Student Housing
Debt & Equity

NorthMarq Capital’s Tampa office secures $6.3 million permanent fixed financing for Pine Rock in Hamden, Connecticut

TAMPA, FLORIDA (January 11, 2018) – NorthMarq Capital’s Tampa regional office, arranged $6,304,000 permanent fixed-financing of a 120-bed student housing property located in Hamden, Connecticut. The property is conveniently located near multiple campuses and offers affordable accommodation for students. This transaction was structured with a ten year loan-term on a 30 year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with Freddie Mac.

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.

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Pine Rock
Permanent Loan - Fixed
$6,300,000