NorthMarq facilitated the loan for a 768-bed, 288-unit student housing community located in Daytona Beach. :
Rise: A Real Estate Co. has received a little more than $47 million to refinance Eagle Landing Apartments, a 768-bed, 288-unit student housing project located in Daytona Beach, Fla., close to three universities. NorthMarq’s Tampa office arranged a 10-year loan, which included four years of interest-only followed by a 30-year amortization schedule for the borrower through the firm’s relationship with Freddie Mac.