NorthMarq Capital’s Atlanta office completes $2.774 million for student housing in Athens, Georgia
Student Housing
ATLANTA (March 24, 2015) – Bruce Foster, senior vice president/managing director of NorthMarq Capital’s Atlanta based regional office arranged $2.774 million in financing for a 45-unit student housing property located in Athens, Georgia near the UGA campus. The transaction was structured with a 12-year term and 30-year amortization schedule. Northmarq arranged in financing for the borrower through its relationship with a Fannie Mae DUS lender.
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.