NorthMarq Capital’s Atlanta office negotiates $8 million refinance of a retail center in Roswell, Georgia

Class "A" Retail Center

Debt & Equity

Multi-Tenant

ATLANTA (November 18, 2016) – Johnny Rankin, vice president of NorthMarq Capital’s Atlanta-based regional office arranged the $8 million refinance of a retail center, a 60,000 sq. ft. retail property located in Roswell, Georgia. The transaction was structured with a 5-year term on a 25-year amortization schedule. NorthMarq arranged financing for borrower through its relationship with a local bank. “We were able to secure a high leverage loan with attractive structure, prepayment provisions and a low floating interest rate for the cash-out refinance of this class “A” unanchored retail center,” said Rankin. “We solicited quotes from numerous lenders and the borrower selected a local bank that was able to close quickly at the agreed-upon terms.”

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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.

NorthMarq Capital’s Atlanta office negotiates $8 million refinance of a retail center in Roswell, Georgia

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