Retail (MT)
Debt & Equity

NorthMarq Capital arranges $11,071,239 in financing for Bishop Arts Retail in Dallas, Texas

DALLAS (September 29, 2017) – Paul Brighton, senior vice president/senior director of NorthMarq Capital’s Dallas regional office, arranged construction financing of $11,071,239 for 38,215 sq. ft. of retail space located in the Bishop Arts District in Dallas, Texas. The transaction was structured with a 2-year term with a mini-perm option. NorthMarq arranged financing for the borrower through its relationship with a regional bank.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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Bishop Arts Retail
Construction Loan
$11,071,239