NorthMarq Capital completes $11 million refinance of bulk distribution warehouse in Louisville, Kentucky

Crossings Center Seven
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LOUISVILLE (February 16, 2016) – Randall Waddell, senior vice president of NorthMarq Capital’s Louisville office arranged the $11 million refinance of Crossings Center Seven, a 300,000 sq. ft. bulk distribution warehouse located at 5150 Interchange Drive in Louisville, Kentucky. The transaction was structured with a 10-year term and 25-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.

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.