139
NORTH LAUDERDALE, FLA. — Alison Williams and Stephen Whitehead of NorthMarq’s Dallas regional office have arranged $38 million in acquisition financing for Parrot’s Landing, a 560-unit multifamily community in North Lauderdale. Financing was based on a 10-year term and a 30-year amortization schedule. The property was constructed in two phases in 1987 and 1997. It consists of one-, two- and three-bedroom units and amenities include two clubhouses, three swimming pools, a sundeck, fitness center, lighted tennis court, car care center, business center and running trails. A Toronto, Canada-based private real estate investment company purchased the property.