NorthMarq Capital’s Richmond office arranged $3.54 million permanent financing of government office building
RICHMOND (October 5, 2017) Keith Wells, senior vice president/managing director of NorthMarq Capital’s Richmond regional office, secured permanent financing of $3.54 million for a 16,036 sq. ft. government owned office building. The transaction was structured with a fixed rate, 5-year term with a 25-year amortization schedule and is non-recourse.
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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.
