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

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through over 300 mortgage banking professionals in regional offices coast-to-coast and services a loan portfolio of more than $52 billion. In select markets, the company offers multifamily and manufactured housing investment sales through NorthMarq Multifamily. As a leader in capital solutions through long-term relationships with life companies, CMBS platforms and local, regional and national banks, the company also has a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. For more information please visit www.northmarq.com.