NorthMarq Capital’s Denver office arranges $3 million financing for Arbor Point Apartments in Houston, Texas
Arbor Point Apts
DENVER (August 3, 2016) – NorthMarq Capital’s Denver office arranged a permanent loan of $3 million for Arbor Point Apartments located at 1812 South Park View Drive in Houston, Texas. The multifamily community, constructed in 1985, consists of 65 units contained in contained in 13, 2-story buildings. Community amenities include controlled access, carports and outdoor pool. Units feature washer/dryer hookups, fireplace, vaulted ceilings and patio or balcony. Paul Bruder, vice president, arranged the financing for the Colorado-based borrower through NorthMarq’s correspondent relationship with a life insurance company.
About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
