Northmarq's Austin office arranges financing of Avia Apartments
Date: June 15, 2022
Size: 53 units
Location: Austin, Texas
Lender type: Life company
Loan sub-type: Permanent-fixed
Winning quote: Developer built this student housing complex in 2020, situated on West Campus at University of Texas-Austin. Northmarq was able to refinance the construction debt with a fixed rate loan through one of our correspondent life insurance companies.
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.