Retail - Debt

NorthMarq Capital negotiates $3,500,000 refinance of 34th Street Plaza in Gainesville, Florida

MIAMI (April 15, 2016) – Jeff Robertson, senior vice president/managing director of NorthMarq Capital’s Miami-based regional office arranged the $3.5 million refinance of 34th Street Plaza, a 34,810 sq. ft. retail property located in Gainesville, Florida. The transaction was structured with a 10-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower 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 and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.

Back to all Transactions
Related Transactions