NorthMarq's Dallas office arranges acquisition financing of $8.02 million for The Peppertree and Spanish Oaks Apartments in Odessa, Texas
Multifamily Property
DALLAS (May 16, 2018) – NorthMarq’s Dallas regional office, arranged acquisition financing of $8.02 million for The Peppertree and Spanish Oaks Apartments, a multifamily property consisting of 180 units located at 4600 Oakwood Drive in Odessa, Texas. NorthMarq arranged financing for the borrower through its relationship to a bridge/mezzanine lender.
About Northmarq
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.
