REBusinessOnline

NORTHMARQ ARRANGES $6.3M IN ACQUISITION FINANCING FOR ARLINGTON APARTMENTS

ARLINGTON, TEXAS — NorthMarq Capital has arranged a $6.3 million loan for the acquisition of The Arbors, a 200-unit multifamily property in Arlington. The complex, which offers one-, two- and three-bedroom apartments, is located at 1010 E. Arkansas Lane, in close proximity to Interstate 20, Interstate 30 and State Highway 360. Kevin Jenkins of NorthMarq’s Charlotte, N.C. office originated the three-year loan including interest-only payments.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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