NorthMarq Capital’s Miami office completes $5,450,000 refinance of industrial property in Jacksonville, Florida
MIAMI (October 31, 2016) – Jeff Robertson, senior vice president/managing director of NorthMarq Capital’s Miami-based regional office arranged the $5.45 million refinance of Lone Pine, a 164,248 sq. ft. industrial property located at 5941 and 5985 Richard Street in Jacksonville, Florida. The transaction was structured with 10-year term and 20-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 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.
