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NorthMarq Arranges Acquisition Financing for Two Multifamily Assets Totaling 312 Units Near Houston

Harbor-Walk-League-City-Texas

Harbor Walk in League City is one of the two multifamily properties in the Clear Lake area for which NorthMarq recently arranged acquisition financing.

LEAGUE CITY, TEXAS — NorthMarq Capital has arranged acquisition financing for Harbor Walk and The Shore, two multifamily properties totaling 312 units in the southeastern Houston suburb of League City. The balance sheet loan, which was provided by a balance sheet lender, featured a five-year term and interest-only payments. Warren Hitchcock of NorthMarq arranged the financing on behalf of the undisclosed, Houston-based borrower.

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