Northmarq arranges sale and financing of Pace's Cove Apartments in Dallas, Texas
Pace's Cove Apts
Date: February 9, 2023
Size: 328 units
Location: 13100 Pandora Drive, Dallas, Texas
Lender: Debt fund
Financing terms: 66 percent LTC; 3-year term with extension options; Full-term interest only
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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.
