NorthMarq Capital’s Dallas office arranges $20.5 million refinance for student housing property in Denton, Texas

Student Housing
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DALLAS (May 10, 2016) – Jeffrey Erxleben, senior vice president/managing director of NorthMarq Capital’s Dallas-based regional office, arranged the $20.5 million refinance of a student housing property located in Denton, Texas. NorthMarq arranged financing for the borrower through its Fannie Mae DUS program.

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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.