Multifamily - Debt, Sale

NorthMarq arranges sale and financing of Bayou Bend and Pecan Square in Dallas, Texas

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

Northmarq is an industry-leading capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with an open, flexible structure, enabling our team of seasoned professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of over $30 billion, and loan servicing of nearly $70 billion.