NorthMarq’s Phoenix office completes acquisition financing of $28.1 million for Overlook at Stone Oak Park in San Antonio, Texas
PHOENIX, ARIZONA (March 11, 2021) – James DuMars, senior vice president/managing director of NorthMarq’s Phoenix Debt/Equity office arranged acquisition financing of $28.1 million for Overlook at Stone Oak Park. The 360-unit Class “A” multifamily property is located at 22202 Estate Hill Drive in San Antonio, Texas. The transaction was structured with a 7-year interest-only term. NorthMarq arranged financing for the borrower through its OPTIGO status as a Freddie Mac lender.
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