NorthMarq Capital’s Cincinnati Office Completes $12.5 Million Construction Financing for Courtyard by Marriott in Houston, Texas

5/24/18

Susan Branscome, senior vice president/managing director of NorthMarq Capital’s Cincinnati regional office, arranged construction loan financing of $12.5 million for Courtyard by Marriott, a 144-room hospitality property located at 120 North Redemption Square Road in Houston, Texas. Kerry French, senior vice president/managing director of the Houston NorthMarq Capital office assisted in arranging the construction financing. NorthMarq arranged financing for the borrower through its relationship with a commercial bank.

About NorthMarq Capital

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S, provides debt, equity and commercial loan servicing through offices across the U.S. As a leader in capital solutions through long-term relationships with life companies, CMBS platforms and local, regional and national banks, the company also has a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. The company services a loan portfolio of more than $52 billion and has over 300 loan origination experts in regional offices coast-to-coast. For more information please visit www.northmarq.com.