NorthMarq finalizes refinancing for Dave’s Hot Chicken in Houston, Texas
Dave’s Hot Chicken
HOUSTON, TEXAS (October 4, 2021) – Warren Hitchcock, senior vice president of NorthMarq’s Houston office, arranged the refinancing of Dave’s Hot Chicken. The 2,980 sq. ft. restaurant property is located in Houston, Texas. The transaction was structured with a 5-year term on a 25-year amortization schedule. NorthMarq secured the permanent-fixed loan for the borrower through its relationship with a regional bank.
“The lender aggressively provided the borrower with a cash-out after signing the Dave’s Hot Chicken,” said Hitchcock. “This is one of the newest chicken concepts in Houston.”
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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.
