NorthMarq Capital arranged $39 million bridge loan for Brass Professional Center in San Antonio, Texas

Brass Professional Center
SAN ANTONIO (January 31, 2013) – Bryan Leonard, senior vice president and managing director of NorthMarq’s San Antonio Regional office, and William Luedemann, senior vice president and managing director of NorthMarq’s Houston Regional office, cooperated to arrange a bridge loan of $39 million for Brass Professional Center in San Antonio, Texas. This asset consists of sixteen professional buildings containing a combined total of 759,341 sq. ft. of office space. Major tenants at the site include Aetna, MCNA, Santa Rosa, Harris Connect, and QTC. NorthMarq arranged this financing for the borrower through its relationship with a life company lender. “This transaction had a complex capital structure, ownership history and more than 100 tenants,” Leonard said. “Our insurance company investor immediately recognized and understood the value opportunity Brass Professional Center represented from the beginning. The investor maintained flexibility on a complex transaction which is a testament to the sponsorship and market.”

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:

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