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

311 North Vista Drive
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This MultiFamily property located in TX received a loan of $21,000,000 over 2 years ago. The broker of the deal was Warren Hitchcock

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.

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Deals
  • Location
    311 North Vista Drive, Houston, TX 77073311 North Vista Drive, Houston, TX 77073
  • Loan Value
    $21,000,000$21,000,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    1 Broker, 1 Agency1 Broker, 1 Agency

Agent

Warren Hitchcock

Warren Hitchcock

Deals1
Financed$21M

Agency

NorthMarq

NorthMarq

Agency
Deals467
Volume$21.6B

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Deal Summary

LOAN IMAGE: Warren Hitchcock DATE: 10/19/2021 ADDRESS: 311 N Vista Dr MARKET: Houston ASSET TYPE: Multifamily ~ UNITS: 300 BROKER: Warren Hitchcock - NorthMarq LOAN 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

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311 North Vista Drive

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