Multifamily - Debt

NorthMarq Capital’s Dallas office arranges $34.2 million refinance of multifamily property in Reno, Nevada

DALLAS (October 2, 2017) – Paul Brighton, senior vice president/senior director of NorthMarq Capital’s Dallas regional office, secured the $34.2 million permanent fixed loan for the refinance of a 352-unit multifamily property located in Reno, Nevada. This transaction was structured with a fully amortizing 35-year loan. NorthMarq arranged financing for the borrower through a FHA/HUD platform.

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.