Brief
Northmarq Arranges Refinancing of 199-Unit Apartment Complex in Corpus Christi
CORPUS CHRISTI, TEXAS — Northmarq has arranged a loan of an undisclosed amount for the refinancing of the 199-unit Wood River Apartments in Corpus Christi. Built in 1983, Wood River Apartments offers
Summary
CORPUS CHRISTI, TEXAS — Northmarq has arranged a loan of an undisclosed amount for the refinancing of the 199-unit Wood River Apartments in Corpus Christi.
Built in 1983, Wood River Apartments offers one-, two- and three-bedroom units across 17 two-story buildings, as well as a pool and pet facilities.
Cheryl Higley and Ryan Shoars led the Northmarq team that arranged the nonrecourse loan, which carried a five-year term and a fixed interest rate. The direct lender and borrower were not disclosed
Source
- REBusinessOnlinerebusinessonline.com
