Hospitality
Debt & Equity

Northmarq's Cincinnati office completes $7.8 million financing of Residence Inn

Date: November 9, 2022
Size: 93 units
Location: Lafayette, Louisiana
Lender type: Life company
Loan sub-type: Permanent fixed
Winning quote: Repeat lender/sponsor. Structure allows for future PIP monies.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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Residence Inn
Permanent Loan - Fixed
$7,800,000