NorthMarq Capital’s Atlanta completes $45 million in financing for FSU student housing in Tallahassee, Florida

FSU Student Housing
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ATLANTA (March 24, 2015) – Bruce Foster, senior vice president/managing director of NorthMarq Capital’s Atlanta based regional office arranged $45 million in financing for a 291-unit student housing property near the FSU campus located in Tallahassee, Florida. The transaction was structured with a 7-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its Seller-Servicer relationship with Freddie Mac

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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 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.