NorthMarq Capital arranges acquisition financing of $6.15 million for retail property in Dallas, Georgia
Dallas Commons
ATLANTA (July 11, 2018) – Randy Wolfe and Bert Roberds, managing director and vice president of NorthMarq Capital’s Atlanta regional office, arranged acquisition financing of $6,150,000 for Dallas Commons, a 25,158 sq. ft. retail property located in Dallas, Georgia. The transaction was structured with a 10-year term on a 30-year amortization schedule after two years of interest only payments. NorthMarq arranged financing for the borrower through its relationship with Goldman Sachs Commercial Mortgage.
“This is a great acquisition for our client, located in a heavily trafficked retail corridor in Dallas, Georgia. We were happy to arrange financing that best worked for our client’s business plan,” said Wolfe
“This is a great acquisition for our client, located in a heavily trafficked retail corridor in Dallas, Georgia. We were happy to arrange financing that best worked for our client’s business plan,” said Wolfe
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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.
