NorthMarq arranges sale and financing of FifteenForty in Dallas, Texas
FifteenForty
Date: November 16, 2021
Size: 134 Units
Year Built: 1985
Financing Terms: Agency financing, 10 year term with 10 years of IO, 65% leverage
Location: 1540 Chenault Street, Dallas, Texas
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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.
