The 311,040-sf apartment complex consists of 19 two and three-story buildings constructed in last year and this year. Gordon Mickelson, Steve Koeneke and Terri Odenweller of NorthMarq's local office, arranged the financing through one of NorthMarq's life correspondents on behalf of the borrower, PR X LLC, an affiliate of WhiteCo Residential.

NorthMarq Capital Inc. is a national real estate investment banker providing financing for commercial real estate including office, retail, industrial, multifamily and assisted living development.

NOT FOR REPRINT

© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.