NorthMarq Capital arranges acquisition financing of $2.49 million for portfolio of automotive repair facilities
Automotive Repair Facilities
JACKSONVILLE (January 1, 2016) – Ryan Whitaker, senior vice president/senior director of NorthMarq Capital’s Jacksonville office and Alden Campbell, vice president of NorthMarq Capital’s Orlando office arranged the acquisition financing of $2.49 million for a portfolio of full service automotive repair facilities located in Jacksonville, Florida. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. “NorthMarq was able to deliver a customized financing solution to the buyer of this unique asset class,” said Whitaker.
About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.