NorthMarq Arranges Fannie Mae Loan for SA Acquisition

NorthMarq Sets Up Fannie Mae Funding for SA Procurement

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NorthMarq’s Atlanta workplace set up procurement financing of $24.6 million for The Park on Wurzbach, a 264-unit multifamily property at 4707 Wurzbach Rd. in San Antonio. The company prepared the 10-year funding for the customer, Venterra Real estate, with its internal Fannie Mae team.Originating manufacturers included Faron Thompson, local managing supervisor and Ali Meek, VP of NorthMarq’s Atlanta office, and Houston-based VP Matthew Bronstein. The Park on Wurzbach is practical to I-410,

Ingram Park Shopping Mall, Westover Hills, St. Mary’s University, and major work centers, consisting of the South Texas Medical Center and also USAA. Constructed in 2019, the community is situated 9 miles from Midtown San Antonio.”Fannie Mae had the ability to offer an affordable

funding choice and certainty of execution for the long time consumer, Venterra Real estate, who leaned on their relationship with NorthMarq Atlanta’s team for a smooth deal on a high-quality possession,”said Thompson. Connect With NorthMarq < img src="" rel="prettyPhoto"> Get CRE Information in 150 words For remarks, inquiries

or problems, please contact Paul Bubny Share this short article Tags: Procurement, Apartments & Multifamily, Broker, Financing Published at Wed, 21 Oct 2020 07:05:47 +0000

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