Warren Hitchcock, senior vice president/senior director of NorthMarq’s Houston regional office arranged acquisition financing for two multifamily properties consisting of 312-units. Harbor Walk and The Shore Apartments are located in the Clear Lake, Texas market. The balance sheet bridge loan featured a term of 5-years and interest only.

“This was the 4th consecutive deal financed by this lender on behalf our client for a total of over $65,000,000 together,” said Hitchcock, “The lender has successfully partnered with this Houston based investor multiple times, with aggressive pricing, quick closings, and very flexible deal terms, once again proving that relationships matter most. That’s why we focus on the individuals just as closely as the execution. Unlike so many firms, which run potential lenders through an auction and are truly transactional.”

About Us

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of $13 billion, loan servicing portfolio of more than $55 billion and the multi-year tenure of our more than 500 people.