NorthMarq Capital’s Chad Owens arranges acquisition financing for Houston office property

1500 McGowen Street
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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.

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.