David Mott of NorthMarq Capital’s Dallas office arranges bridge financing for Save Mart in Los Bano, California
DALLAS (December 20, 2016) – David Mott, senior vice president of NorthMarq Capital’s Dallas-based regional office, secured bridge financing for a 90,597 sq. ft. value-add retail property located in Los Bano, California. The transaction was structured with a 3-year interest-only term. NorthMarq arranged financing for the borrower through its relationship with an insurance company. The property will be anchored by a new Save Mart Grocery Store.
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