Industrial - Debt

NorthMarq Capital arranged $6.37 million mortgage for Falcon Farms in Doral, Florida

MIAMI LAKES (January 14, 2013) – Jeff Robertson, senior vice president and managing director of NorthMarq’s Miami regional office, arranged acquisition financing of $6.37 million for the Falcon Farms, a 102,180 sq. ft. industrial property located in Doral, Florida. Financing was based on a 7-year term and a 25-year amortization schedule and was arranged for the borrower by NorthMarq through its relationship with a correspondent life company. “The lender recognized the excellent location of the building and the long term viability of the tenant. They have once again performed under a strict acquisition time frame,” said Robertson.

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 more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.