NorthMarq completes $10,190,000 refinance of Aria at Kirkwood in Houston, Texas
HOUSTON, TEXAS (May 24, 2021) – Travis Fite, senior vice president of NorthMarq’s Houston office, completed the $10,190,000 refinance of Aria at Kirkwood. The 108-unit class B+ garden-style multifamily property is located in Houston, 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 the permanent-fixed loan for the borrower Greystone’s Fannie Mae team.
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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.
