Northmarq secures $2.75 million refinance of 5.75-acre land
3100 N Tryon
CHARLOTTE (Aug. 20, 2024) Mark Ebersold of Northmarq’s Charlotte Debt & Equity team secured a $2.75 million loan for the refinance of a 5.75-acre land assemblage owned by the Flywheel Group in the NoDa area of Charlotte, North Carolina. The loan was arranged through Northmarq’s relationship with a regional bank. The floating rate loan was structured with a 5-year term that allowed for flexible prepayment for future development opportunities.
“The lender provided a quick response and flexible terms to accommodate the needs of the client,” said Ebersold. “Thanks to all for allowing Northmarq to be part of your transaction.”
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About Northmarq
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.
