Jeff Robertson of NorthMarq Capital – Miami arranged $23.791 million for Lake Creek Apartments in Austin, Texas
Lake Creek Apts
MIAMI (October 8, 2018) – Jeff Robertson, senior vice president/managing director of NorthMarq Capital’s Miami regional office, arranged the $23.791 million refinance of Lake Creek Apartments, a 250-unit multifamily property located at 10015 Lake Creek Parkway in Austin, Texas. The permanent-fixed loan was structured with a 10-year term with 2-years of interest-only followed by a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its seller/servicer relationship with Freddie Mac.
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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.
