NorthMarq Capital’s Chad Owens arranges acquisition financing for Houston office property
1500 McGowen Street
HOUSTON (March 3, 2017) – Chad Owens, vice president of NorthMarq Capital’s Houston-based regional office, arranged acquisition financing for a 33,000 sq. ft. office property located at 1500 McGowen Street in Houston, Texas. The transaction was structured with a fully amortizing 20-year term. NorthMarq arranged financing for the borrower, Davis Holdings, through its correspondent relationship with a life insurance company.
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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
