NorthMarq Arranges $10.1 Million Refinance for Villa Cristina Near Florida State University

Villa Cristina is located near Florida State University in Tallahassee. Villa Cristina is located near Florida State University in Tallahassee.

Tallahassee, Fla. — NorthMarq Capital has arranged the $10.1 million refinance of Villa Cristina, a 226-bed student housing community located near Florida State University in Tallahassee.

The transaction was structured with a 10-year term with two-years interest only, followed by a 30-year amortization schedule. Lee Weaver of NorthMarq arranged the financing on behalf of the undisclosed borrower through Freddie Mac. The property offers a mix of one-, two- and three-bedroom units with washers and dryers. Community amenities include a resort-style pool and a computer lab

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