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
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.
