NorthMarq Capital’s Phoenix office negotiates $1.895 million refinance of Benson, Arizona Comfort Inn

Comfort Inn
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PHOENIX – Griffin Martin, vice president of NorthMarq Capital’s Phoenix based regional office, arranged the $1.895 million refinance of a 62-room Comfort Inn located at 630 South Village Loop in Benson, Arizona. The transaction was structured with a competitive rate for a 10 year term. NorthMarq arranged financing for the borrower through its relationship with a credit union. “This property is a 2016 Choice Platinum Award winning property, a designation for the top 3% of hotels within the choice brand,” noted Martin.

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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.