Industrial - Debt

NorthMarq Capital

NorthMarq Capital’s Miami office arranges $2.6 million refinance of Alhambra Business Center in Doral, Florida

MIAMI (January 12, 2016) – Bill Johnson, senior vice president/managing director of NorthMarq Capital’s Miami-based regional offices secured the $2.6 million refinance of Alhambra Business Center, a 27,350 sq. ft. industrial-flex property located at 4805, 4811 and 4815 NW 79th Avenue in Doral, 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 Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through over 300 mortgage banking professionals in regional offices coast-to-coast and services a loan portfolio of more than $52 billion. In select markets, the company offers multifamily and manufactured housing investment sales through NorthMarq Multifamily. As a leader in capital solutions through long-term relationships with life companies, CMBS platforms and local, regional and national banks, the company also has a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. For more information please visit www.northmarq.com.