NorthMarq Capital’s Denver office arranges $17.6 million financing for Maxey Village Apartments in Houston, Texas
DENVER (October 3, 2016) – NorthMarq Capital’s Denver office arranged acquisition financing of $17,600,000 for Maxey Village Apartments, located at 666 Maxey Road in Houston, Texas. Constructed in 1974, the property consists of 409 units contained in 10, two-story buildings. The one and two bedroom floor plans range from 580-986 sq. ft. Mark Jeffries, vice president, arranged the financing for the borrower, Angelus Capital, a private equity firm headquartered in Austin, Texas.
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.