NorthMarq arranges sale and financing of Bayou Bend and Pecan Square in Dallas, Texas
Bayou Bend and Pecan Square
Date: November 23, 2021
Bayou Bend
Size: 308 Units
Year Built: 1981 Construction
Location: 3353 Lombardy Lane, Dallas, Texas
Pecan Square
Size: 440 Units
Year Built: 1983 Construction
Location: 3350 Lombardy Lane, Dallas, Texas
Financing Terms: Financed as 2 separate loans with the same lender. 70% leverage for a 3 year term with full interest only
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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.
