INDUSTRY NEWS

NorthMarq Capital Arranges $10M for Houston Apartments
Published: October 26, 2007

Houston--NorthMarq Capital has arranged $10 million in first mortgage financing for Greenbriar Chateau, an apartment community in Houston.

Financing for the 145-unit complex was arranged for the borrower, Bammelbelt LP, by NorthMarq through its correspondent relationship with Allstate Investments LLC.

One- and two-bedroom units range in size from 714 to 1,000 square feet, and in monthly rents from $770 to $1,025. The property is located at 4100 Greenbriar.

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