NorthMarq Capital’s Chicago office arranges acquisition financing of $25.35 million for Carrington Oaks Apartments in Buda, Texas
Carrington Oaks Apts
CHICAGO (July 27, 2016) – Jeff Frankel, senior vice president/senior director of NorthMarq Capital’s Chicago-based regional office, arranged acquisition financing of $25.35 million for Carrington Oaks Apartments, a 330-unit multifamily property located in 1278 Cabelas Drive Buda, Texas. NorthMarq arranged financing for the borrower through its relationship with a correspondent life insurance company.
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