NorthMarq Arranges $12.7 Million Acquisition Financing for 385-Bed Community Near Austin Peay State

University Landing offers 385 beds near Austin Peay State University in Clarksville. University Landing offers 385 beds near Austin Peay State University in Clarksville.

Clarksville, Tenn. — NorthMarq has arranged $12.7 million in acquisition financing for University Landing, a 385-bed student housing community located near Austin Peay State University in Clarksville.

Lee Weaver of NorthMarq secured the permanent-fixed financing for the undisclosed borrower through Fannie Mae. The transaction was structured with a 12-year term on a 30-year amortization schedule. 

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