Newmark Loan to Finance The Link Apartments
Houston Housing AuthorityLocal Housing Authority · Houston, TX- Disclosed value
- Up to $58,504,000 (loan to finance The Link Apartments)
- From agenda
- Document date
- Nov 23, 2021
The 30-second brief
The Houston Housing Authority’s affiliate Lakeside Place PFC is expected to join loan documents with lender Newmark for a financing package up to $58.5 million to support The Link Apartments acquisition. The financing will underpin a commitment that at least 50% of units serve households under 80% AMI.
NEWMARK holds this financial services contract with Houston Housing Authority. Its other public contracts on record include work for Town of Southeast and Marin County.
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Contract details
- Contract type
- Financial Services
- Amount
- Up to $58,504,000 (loan to finance The Link Apartments)
- Document date
- November 23, 2021
- Vendor
- NEWMARK
- Source document
- houston-housing-authority-board-of-commissioners-meeting-agenda-nov-23-2021_bc8.pdf (Agenda)
NEWMARK's other public contracts
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Questions about this contract
Who was awarded the financial services contract by Houston Housing Authority?
NEWMARK was awarded this financial services contract by Houston Housing Authority, as recorded on November 23, 2021. The contract value is Up to $58,504,000 (loan to finance The Link Apartments).
How much is the NEWMARK contract with Houston Housing Authority worth?
The NEWMARK contract with Houston Housing Authority is valued at Up to $58,504,000 (loan to finance The Link Apartments), covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agenda record.
Where was this contract approved?
This contract appears in houston-housing-authority-board-of-commissioners-meeting-agenda-nov-23-2021_bc8.pdf (Agenda), dated November 23, 2021 from Houston Housing Authority. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does NEWMARK hold?
NEWMARK may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Houston Housing Authority currently buying?
Explore Houston Housing Authority's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.