Retail (MT)
Debt & Equity

NorthMarq Capital arranges refinancing for retail property in Houston, Texas

HOUSTON (June 4, 2018) – Paul Brighton, senior vice president/senior director of NorthMarq Capital’s Dallas regional office, arranged refinancing for retail property consisting of 86,396 sq. ft., located in Houston, Texas. The transaction was structured with a 10-year term on a 20-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. “This transaction featured a 52 percent LTV,” said Brighton. “The borrower was a repeat borrower for our lender.”

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.

Retail Property
Debt