NorthMarq Capital’s Cincinnati office completes $12.5 million construction financing for Courtyard by Marriott in Houston, Texas
CINCINNATI (May 29, 2018) – Susan Branscome, senior vice president/managing director of NorthMarq Capital’s Cincinnati regional office, arranged construction loan financing of $12.5 million for Courtyard by Marriott, a 144-room hospitality property located at 120 North Redemption Square Road in Houston, Texas. Kerry French, senior vice president/managing director of the Houston NorthMarq Capital office assisted in arranging the construction financing. NorthMarq arranged financing for the borrower through its relationship with a commercial bank.
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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.
