NorthMarq Arranges $25.8 Million Refinancing of Texas A&M-Area Property

by Katie Sloan

College Station, Texas — The Trails at Wolf Pen Creek have 1,0006 beds and 404 units.

Trails at Wolf Pen CreekCollege Station, Texas  — Stephen Whitehead, senior vice president and senior director of NorthMarq Capital’s Dallas-based regional office, has arranged the refinancing of $25.8 million for The Trails at Wolf Pen Creek, in College Station, Texas. Financing for the 404-unit, 1,006-bed student housing property was structured with a three-year term and 25-year amortization schedule with a two-year interest-only period. The property is located near Texas A&M University.

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