NorthMarq Capital’s Los Angeles regional office arranges $4.5 million refinance for Royal Freeport Business Center in Irving, Texas

Royal Freeport Business Center
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LOS ANGELES (May 25, 2016) – Ory Schwartz, senior vice president/managing director of NorthMarq Capital’s Los Angeles-based regional office, finalized the $4.5 million refinance of Royal Freeport Business Center, a 71,723 sq. ft. office property located at 4100 and 4200 West Royal Lane in Irving, Texas. The transaction was structured with a fully amortizing 15-year term. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. Fuji Photo Film represents the property’s major tenant.

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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.