NorthMarq Capital Secures $17.6M Loan for Maxey Village Apartments in Houston
HOUSTON — NorthMarq Capital’s Denver office has secured a $17.6 million acquisition loan for Maxey Village Apartments, a multifamily community located at 666 Maxey Road in Houston. Constructed in 1974, the property consists of 409 units across 10 two-story buildings. The one- and two-bedroom floor plans range from 580 to 986 square feet. Mark Jeffries of NorthMarq Capital arranged the financing on behalf of the borrower, Angelus Capital, a private equity firm headquartered in Austin.