Multifamily - Debt

NorthMarq’s Phoenix office completes acquisition financing of $28.1 million for Overlook at Stone Oak Park in San Antonio, Texas

PHOENIX, ARIZONA (March 11, 2021) – James DuMars, senior vice president/managing director of NorthMarq’s Phoenix Debt/Equity office arranged acquisition financing of $28.1 million for Overlook at Stone Oak Park. The 360-unit Class “A” multifamily property is located at 22202 Estate Hill Drive in San Antonio, Texas. The transaction was structured with a 7-year interest-only term. NorthMarq arranged financing for the borrower through its OPTIGO status as a Freddie Mac lender. 

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 $16 billion, loan servicing portfolio of more than $65 billion and the multi-year tenure of our nearly 600 people.