NorthMarq arranges sale and financing of Montecito Club in Dallas, Texas

Montecito Club
a1fd0051-118a-4c33-94e8-83822149bfb6.jpg

Date: December 15, 2021
Size: 331 Units
Location: 2005 South Copper Street, Arlington, Texas
Financing Terms: 80% LTC, 3 year term with 2 extensions (full IO), Bridge financing

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.

Image
NM Web Icon News Black

Stay on top of industry research