NorthMarq Capital arranges $6.3 million acquisition of The Arbor Apartments in Arlington, Texas
The Arbor Apts
CHARLOTTE (December 20, 2013) – Kevin Jenkins, vice president of NorthMarq’s Charlotte regional office, arranged acquisition financing of $6.3 million for The Arbor Apartments, a 200- unit multifamily property located in Arlington, Texas. Financing for the project was based on a 3-year interest only bridge loan.
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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. For more information, visit www.northmarq.com.
