NorthMarq Capital arranges acquisition financing of $1,020,000 for O’Reilly Auto Parts in Oldtown, Idaho
MINNEAPOLIS (October 30, 2017) – Michael Padilla, vice president of NorthMarq Capital’s Minneapolis regional office, arranged acquisition financing of $1,020,000 for a 6,750 sq. ft. O’Reilly Auto Parts property located in Oldtown, Idaho. The transaction was structured with a ten-year term on a 17-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.
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