NorthMarq arranges acquisition financing of $5.96 million for Coldwater Crossing in Fort Wayne, Indiana
CINCINNATI, OHIO (December 5, 2019) – Susan Branscome, senior vice president/managing director of NorthMarq’s Cincinnati-based regional office secured $5.96 million in acquisition financing for Coldwater Crossing. The retail property is located at 5315-5515 Coldwater Road in Fort Wayne, Indiana.
Financing Details:
- 10-year term
- 25-year amortization schedule
- NorthMarq arranged the permanent-fixed loan for the borrower through its relationship with a regional bank.
Property Details:
- The property contains 89,980 sq. ft.
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.
