Student Housing - Debt

NorthMarq Capital arranges $11.156 million mortgage for Pioneer Hall in Waukesha, Wisconsin

MILWAUKEE (October 2, 2013) – Geoff Nauth, vice president of NorthMarq’s Milwaukee regional office, arranged refinancing of $11.156 million for Pioneer Hall, a 264-bed, high-quality student housing facility located on the campus of Carroll University at 324 W. College Avenue in Waukesha, Wisconsin. Financing was based on a 10-year term and a 25-year amortization schedule. NorthMarq arranged this financing for the borrower through its relationship with a regional bank.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.

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