Northmarq’s Houston office arranges acquisition financing for Professional Office Park in Houston, Texas
HOUSTON, TEXAS (January 31, 2022) – Larry Peters, senior vice president of Northmarq’s Houston office, secured acquisition financing for Professional Office Park. The 20,191 sq. ft. suburban single-story property is located in Spring, Texas (Houston MSA). The permanent-fixed loan was structured with a 3-year term on a 25-year amortization schedule. Northmarq arranged financing for the borrower through its relationship with a commercial bank.
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