Retail - Debt

NorthMarq Capital

NorthMarq Capital’s Richmond office arranges permanent financing of $3 million for retail property in Norfolk, Virginia

RICHMOND (November 30, 2017) – Keith Wells, senior vice president/managing director of NorthMarq Capital’s Richmond, Virginia regional office, negotiated permanent financing of $3 million for a 26,000 sq. ft. unanchored strip shopping center located in Norfolk, Virginia.

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through over 300 mortgage banking professionals in regional offices coast-to-coast and services a loan portfolio of more than $52 billion. In select markets, the company offers multifamily and manufactured housing investment sales through NorthMarq Multifamily. As a leader in capital solutions through long-term relationships with life companies, CMBS platforms and local, regional and national banks, the company also has a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. For more information please visit www.northmarq.com.