NorthMarq Arranges $9.45 Million Refinancing of Madbury Road and Jenkins Court

University Downtown is a 13,293-square-foot student housing/retail property located in Durham, N.H., adjacent to the University of New Hampshire. University Downtown is a 13,293-square-foot student housing/retail property located in Durham, N.H., adjacent to the University of New Hampshire.

Durham, N.H. — NorthMarq Capital’s Boston-based regional office has arranged the $9.45 million refinance of Madbury Road and Jenkins Court, a 13,293-square-foot student housing/retail property located in Durham adjacent to the University of New Hampshire.

The property, also known as University Downtown, is located at 9 Madbury Road and 6 Jenkins Court. The transaction was structured with a 20-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through a Fannie Mae DUS lender.

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