NorthMarq Capital’s Cincinnati office completes $12.5 million construction financing for Courtyard by Marriott in Houston, Texas
Courtyard by Marriott
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.
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.
