Student Housing - Debt

NorthMarq Capital

NorthMarq Capital’s Atlanta office completes $2.774 million for student housing in Athens, Georgia

ATLANTA (March 24, 2015) – Bruce Foster, senior vice president/managing director of NorthMarq Capital’s Atlanta based regional office arranged $2.774 million in financing for a 45-unit student housing property located in Athens, Georgia near the UGA campus. The transaction was structured with a 12-year term and 30-year amortization schedule. Northmarq arranged in financing for the borrower through its relationship with a Fannie Mae DUS 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 $13 billion, loan servicing portfolio of more than $55 billion and the multi-year tenure of our more than 500 people.