Northmarq's Austin office arranges financing of Avia Apartments
Avia Apts
Date: June 15, 2022
Size: 53 units
Location: Austin, Texas
Lender type: Life company
Loan sub-type: Permanent-fixed
Winning quote: Developer built this student housing complex in 2020, situated on West Campus at University of Texas-Austin. Northmarq was able to refinance the construction debt with a fixed rate loan through one of our correspondent life insurance companies.
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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.
