Industrial
Debt & Equity

NorthMarq Capital’s Dallas office arranges refinance of Melnic 9773 in Dallas, Texas

DALLAS (January 2, 2018) – Bart Dickinson, vice president of NorthMarq Capital’s Dallas regional office, secured refinancing for Melnic 9773, a 17,200 sq. ft. industrial property in Dallas, Texas. The transaction was structured by a 25-year loan term on a 25 year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a correspondent life company. “This long term refinance enable the borrower to recapture some equity and lock in a long-term fixed-rate loan,” said Dickinson.

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.

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Melnic 9773
Permanent Loan - Fixed