Northmarq’s Debt + Equity team secures $6M construction financing for Florida student housing community
Image credit: BAI Capital
Northmarq’s West Palm Beach Debt + Equity team led by Chandler Kaye and David Gahagan successfully secured the $6 million construction financing for Archer Place, a student housing community located in Gainesville, Florida.
Northmarq arranged construction financing on behalf of their borrower, BAI Capital, through the firm’s relationship with Genesis Capital. The transaction was structured on a two-year term.
Meet our team
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 $80 billion and has completed $91.3 billion in transactions over the past fours years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide.
