Northmarq's San Antonio office arranges financing for Northgate Terrace Apartments

Northgate Terrace Apts
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Date: October 14, 2022
Size: 48 units
Location: Austin, Texas
Loan type: Bridge loan
Winning quote: 18 month deal with two extensions; lender was able to get to 70% on the acquisition for the borrower

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 more than $52 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.