NorthMarq Capital’s Miami office secures $19.125 million refinance of Creek on Calloway in Richland Hills, Texas
Creek on Calloway
MIAMI (December 18, 2017) – Jeff Robertson, senior vice president/managing director of NorthMarq Capital’s Miami regional office, negotiated the $19.125 million refinance of a 247-unit multifamily property located in Richland Hills, Texas. The recently renovated apartment complex offers spacious layouts and numerous amenities. This transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with Freddie Mac. “Freddie Mac was very helpful with this deal,” noted Robertson.
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.
