NorthMarq Capital’s Tampa office finalizes $5,395,000 in permanent financing for student housing in Milledgeville, Georgia
TAMPA (September 27, 2017) - NorthMarq Capital’s Tampa regional office arranged permanent financing of $5,395,000 for Campus Edge, two two-story buildings with 112 beds/34 units on ±2.49 acres. The transaction was structured with a 10-year term with 3-years of interest only, followed by a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its Fannie Mae platform.
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.
