July 24, 2013

NorthMarq Capital's Houston office arranged $1.1 million mortgage for Alden Bridge Village in The Woodlands, Texas

Alden Bridge Village

Debt & Equity

Multi-Tenant

HOUSTON (July 24, 2013) – Chad Owens assistant vice president of NorthMarq’s Houston regional office, arranged first mortgage refinancing of $1.1 million for Alden Bridge Village, an 11,250 sq. ft. strip center located at 8021 Research Forest Drive in The Woodlands, Texas. Financing was based on a 15-year term and a 15-year amortization schedule. NorthMarq arranged this financing for the borrower, Davis Holdings, L. P., through its relationship with a correspondent life company lender.

Available Retail (MT) properties

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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.