Industrial

NorthMarq Capital arranges refinancing of Fed Ex Shipping Center in Wichita Falls, Kansas

DALLAS (October 4, 2017) – Paul Brighton, senior vice president/senior director of NorthMarq Capital’s Dallas regional office, secured a permanent fixed loan for the refinance of a 32,458 Fed Ex Shipping Center located in Wichita Falls, Kansas. The transaction was structured with a 10-year term and 10-year amortization. NorthMarq arranged financing for the borrower through its correspondent relatinoship with a life insurance company.

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through its 36 offices across the U.S. The company has built long-term relationships with life companies, CMBS platforms and local, regional and national banks, with a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. The company closes approximately $13 billion in commercial real estate loans annually and services a loan portfolio of more than $50 billion. For more information please visit www.northmarq.com.