NorthMarq arranges permanent financing of $36.3 million for Campus Circle Apartments in Tallahassee, Florida
Campus Circle Apts
WASHINGTON, D.C. (April 13, 2015) – Gary McGlynn, senior vice president/co-managing director and Kenneth Gentzel, senior vice president/co-managing director of NorthMarq’s Washington, D.C. office arranged permanent financing of $36.3 million for Campus Circle Apartments, a 219-unit student housing property located at 800 Basin Street in Tallahassee, Florida. Tallahassee, one of Florida’s most prominent college cities, is home to several colleges and universities—most notably Florida State University and Florida A&M University. The transaction was structured with long term interest-only financing.
Meet our team
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.
