November 13, 2015

NorthMarq Capital arranges acquisition financing for Dallas Arts Center

Dallas Arts Center

Debt & Equity

Multi-Tenant

DALLAS (November 13, 2015) – Bart Dickinson, vice president of NorthMarq Capital’s Dallas based regional office arranged acquisition financing for Dallas Arts Center, a 66,000 sq.ft. office property located at 2030 Main Street in Dallas’ central business district. The transaction was structured with a 15-year term and 25-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. “This loan enabled the borrower to refinance a near maturity fully-amortizing existing loan and re-leverage the building into a new 15-year loan at a sub-four percent rate,” said Dickinson.

Available Office properties

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.