Retail

NorthMarq Capital arranged acquisition financing of $8,255,000 for Township Square Shopping Center in Dayton, Ohio

DENVER (January 8, 2013) – NorthMarq’s Denver regional office arranged acquisition financing of $8,255,000 for Township Square Shopping Center located at 1045-1185 Miamisburg-Centerville Road in Dayton, Ohio. Constructed in 1989, it is shadow-anchored by Sam’s Club (not part of the collateral) and totals 49,840 sq. ft. There is a strong tenant base which includes Arhaus, First Financial Bank, Chipotle and Coldstone Creamery, to name several. John M. Stewart, senior vice president; and Ilan Reissner, investment analyst, arranged the financing for the borrower who is based in California.

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through its 36 offices across the U.S. The company has built long-term relationships with life companies, CMBS platforms and local, regional and national banks, with a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. The company closes approximately $13 billion in commercial real estate loans annually and services a loan portfolio of more than $50 billion. For more information please visit www.northmarq.com.