NORTHMARQ ARRANGES $12.84 MILLION MULTIFAMILY LOAN IN SPRING

SPRING, TEXAS — NorthMarq Capital has arranged $12.84 million in Freddie Mac financing for Stoneleigh on Spring Cypress, a 216-unit multifamily community located at 7215 Spring Cypress Road in Spring. The loan carries a 7-year term and a 30-year amortization schedule. William Jackson of NorthMarq's Dallas office arranged the loan on behalf of the undisclosed borrower.