NorthMarq Capital’s Cincinnati office arranges refinancing of $3 million for D&W Fresh Market in Holland, Michigan

D&W Fresh Market
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CINCINNATI (July 16, 2018) – Susan Branscome, senior vice president of NorthMarq Capital’s Cincinnati regional office, arranged refinancing of $3,000,000 for D&W Fresh Market, a 62,139 sq. ft. property located at 50 Douglas Avenue in Holland, Michigan. The transaction was structured with a 20-year term on a 20-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a correspondent life company. 

“Susan Branscome and the folks from NorthMarq Capital did a great job securing excellent loan terms with a life insurance company for our purchase of this asset. The loan approval and closing were very smooth and efficient. We appreciate the work Susan and NorthMarq did for us,” said Thomas Bowers, president of Anchor Properties. 

 

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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.
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