NorthMarq Capital secures acquisition financing of $2.525 million for Morgantown Buffalo Wild Wings in West Virginia
CINCINNATI (August 9, 2018) – Noah Juran, senior vice president of NorthMarq Capital’s Cincinnati regional office, secured acquisition financing of $2,525,000 for the 7,600 sq. ft. Morgantown Buffalo Wild Wings located at 8735 University Town Centre Drive, Morgantown, West Virginia. The transaction was structured with a 25-year term (15-year fixed rate) on a 25-year amortization schedule, and the loan was closed in 45 days from the signed application. NorthMarq arranged financing for the borrower through its relationship with a correspondent life insurance company.
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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.
