NorthMarq Capital arranges refinancing of $24 million for Gainesville Student Housing Portfolio in Gainesville, Florida
JACKSONVILLE – Lamar Sarra, senior vice president of NorthMarq Capital’s Jacksonville regional office, arranged refinancing of $24,000,000 for Gainesville Student Housing Portfolio totaling 163-units located in Gainesville, Florida. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a local bank.
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