Northmarq finalizes $4 million refinance of student housing property in Tucson, Arizona

University Manor

LOS ANGELES, CALIFORNIA (January 25, 2022) – Ory Schwartz, senior vice president/managing director of Northmarq’s Los Angeles office, secured the $4 million refinance of University Manor. The three-building/2-floor 58-unit student housing property (built in 1978) is located at 1525 North Euclid Avenue in Tucson, Arizona. Northmarq arranged the permanent-fixed loan for the borrower through its relationship with a commercial bank.      


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, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit

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