NorthMarq arranges sale and financing of FifteenForty in Dallas, Texas

FifteenForty
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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

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, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.Northmarq.com.

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