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