NorthMarq Capital’s arranges $5.6 million refinance of industrial property in Phoenix, Arizona
PHOENIX – NorthMarq Capital’s Phoenix regional office, secured the $5.6 million refinance of the 140,777 sq. ft. industrial property located at 4524 North 44th Avenue in Phoenix, Arizona. The transaction was structured with an interest only loan that provides good news funds for the transitional asset. NorthMarq arranged financing for the borrower through a longstanding private capital relationship.
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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.
