Warren Hitchcock - NorthMarq Arranges $21M Refinance Loan For Houston Multifamily Property

The multifamily property located at 311 N Vista Dr in Houston has recently undergone a refinancing transaction. The property consists of 300 units and is situated in a desirable market, making it an attractive investment opportunity.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $21,000,000
• Loan Type: Refinance
• Loan Terms: 10-year term, 30-year amortization schedule, permanent-fixed loan at a 3.75 percent interest rate

The refinance loan for this property was facilitated by Warren Hitchcock from NorthMarq. His expertise and knowledge in the market played a crucial role in securing favorable loan terms for the property. This transaction will provide the property owner with long-term financing options and help maximize the property's potential in the Houston market.