Student Housing - Equity

NorthMarq arranges $12.5 million of joint venture equity for a to-be-built, 588-bed student housing property at Louisiana Tech University

TAMPA, FLORIDA (March 5, 2020) – Lee Weaver, senior vice president/managing director of NorthMarq’s Tampa office collaborated with Bill Hardman, vice president of NorthMarq’s Orlando office to arrange $12.5 million in JV equity for The Preserves at Tech. The 588-bed student housing property will be located at 2003 West Alabama Avenue in Ruston, Louisiana. 

“The Preserves at Tech will be a best-in-class luxury student property, raising the bar for the rest of the market,” said Weaver. 


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 more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.