NORTHMARQ ARRANGES $26.3M LOAN FOR STUDENT HOUSING PROPERTY

MORGANTOWN, W.VA. — NorthMarq Capital has arranged $26.3 million in acquisition financing for West Run Apartments, a student housing community in Morgantown. Lee Weaver of NorthMarq’s Tampa office arranged the 10-year loan with a 30-year amortization schedule through a CMBS lender.