Retail - Debt

NorthMarq Capital

NorthMarq Capital arranges acquisition financing of $6.15 million for retail property in Dallas, Georgia

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

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of $13 billion, loan servicing portfolio of more than $55 billion and the multi-year tenure of our more than 500 people.