DALLAS, TEXAS (March 19, 2020) – Melissa Marcolini Quinn, managing director/senior vice president of NorthMarq’s Orlando-based office and Will Hancock, vice president of NorthMarq’s Dallas-based office collaborated to arrange acquisition financing of $7,631,000 for The Burgundy. The property contains 111 apartment units out of 180 total in the condo, and is located at 11911 Marsh Lane in Dallas, Texas. The transaction was structured with a 10-year term with 3-years of interest-only followed by a 30-year amortization schedule. NorthMarq arranged financing on behalf of the borrower through its relationship with Barclays Capital. NorthMarq also arranged the sale of the asset through its Multifamily Investment Sales platform.