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Villas on Guadalupe Project Financed

NorthMarq Capital Arranges $23M Deal
By Brandi Pinkston
September 29, 2003 | 12:22 P.M.

NorthMarq Capital Inc. arranged financing of $23 million through Bank of America for the Villas on Guadalupe Apartments in Central Austin. The loan is 80 percent loan to value ratio at a 6.36 percent interest rate and has a 15-year term with 4 years of interest only and a 30-year amortization. Susan Hill, senior vice president/director in NorthMarq’s Houston office, arranged the financing.

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News | Villas on Guadalupe Project Financed