NorthMarq Capital’s Richmond office arranges permanent loan for Marriott Courtyard in Blacksburg, Virginia
Marriott Courtyard
RICHMOND (February 9, 2016) – Mike Lowry, senior vice president of NorthMarq Capital’s Richmond based regional office arranged permanent financing for Marriott Courtyard Hotel, a 96-unit hospitality property located at 105 Southpark Drive in Blacksburg, Virginia. The four-story, 96-guest room hotel was built in 2007. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.
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