Retail (MT)
Debt & Equity

NorthMarq Capital secures $4.6 million refinance of retail property in Dallas, Texas

DALLAS (November 14, 2017) – Phillip Bankhead, senior vice president/senior director of NorthMarq Capital’s Dallas regional office, negotiated the $4.6 million refinance of a 22,000 sq. ft. retail property located in Dallas, Texas. The transaction was structured with a 15-year term and was arranged for the borrower through NorthMarq’s 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.

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Retail Property
Debt
$4,600,000