Multifamily - Debt

NorthMarq Capital

NorthMarq’s Paul Brighton arranges refinance of multifamily property in Waxahachie, Texas

DALLAS, TEXAS (June 20, 2019) – Paul Brighton, senior vice president/senior director of NorthMarq’s Dallas-based regional office, completed the refinance of a 112-unit multifamily property located in Waxahachie, Texas. The transaction was structured with a 10-year term with 5-years of interest-only followed by a 30-year amortization schedule.  The new loan replaced the original construction loan for the property.

“The lender provided the right combination of flexible terms and loan proceeds,” explained Brighton.

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 $13 billion, loan servicing portfolio of more than $57 billion and the multi-year tenure of our more than 500 people.