Northmarq announces external refinancing of $3.56 million for South Carolina 7Eleven
MIAMI, FLORIDA (April 7, 2023) — Garrett Stasand, vice president and Jaspaul Kapoor, senior vice president of Northmarq’s Miami debt/equity office, arranged external refinancing of $3,563,900 million for a 7Eleven. The retail property is located at 2751 Cherry Road in Rock Hill, South Carolina. The transaction was structured with a seven-year term with one-year of interest only payments. Northmarq secured the permanent-fixed rate loan for the borrower through its relationship with a local bank.
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