NorthMarq’s Paul Brighton arranges refinance of multifamily property in Waxahachie, Texas
DALLAS, TEXAS (June 20, 2019) – Paul Brighton, senior vice president/senior director of NorthMarq’s Dallas-based regional office, completed the refinance of a 112-unit multifamily property located in Waxahachie, Texas. The transaction was structured with a 10-year term with 5-years of interest-only followed by a 30-year amortization schedule. The new loan replaced the original construction loan for the property.
“The lender provided the right combination of flexible terms and loan proceeds,” explained Brighton.
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