NorthMarq Arranges $9.8M Refinance of Student Housing Property near the University of Oregon

K14 Campus Flats is located adjacent to the University of Oregon campus in Eugene. K14 Campus Flats is located adjacent to the University of Oregon campus in Eugene.

Eugene, Oregon —Stephen Whitehead of NorthMarq Capital has arranged the $9.8 million refinance of K14 Campus Flats, a 145-bed student housing property located near the University of Oregon.

The 45-unit development is located at 1414 Kincaid Street in Eugene. The transaction was structured with a 10-year term with two years interest-only, followed by a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its Fannie Mae DUS program. 

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