Retail - Debt

NorthMarq Capital

Susan Branscome concludes $8.4 million refinance of Alton Corners Shopping Center in Alton, Illinois

CINCINNATI, OHIO (September 3, 2019) – Susan Branscome, senior vice president/managing director of NorthMarq’s Cincinnati-based regional office arranged the $8.4 million refinance of Alton Corners Shopping Center. The 50,063 sq. ft. retail property is located at 309-319 Horner M Adams Parkway in Alton, Illinois. NorthMarq arranged financing for the borrower through its relationship with a regional bank.

Producer Quote:
“We secured an 80% loan-to-value loan from a commercial bank at very competitive terms. The loan closed without any issues.”

– Susan Branscome

The transaction was featured in REJournals.com

 

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of $13 billion, loan servicing portfolio of more than $57 billion and the multi-year tenure of our more than 500 people.