NorthMarq Capital arranged refinancing for Fasma Plaza in Austin, Texas
Fasma Plaza
DALLAS (August 12, 2013) – Phillip Bankhead, vice president of NorthMarq’s Dallas regional office, arranged first mortgage refinancing for Fasma Plaza, a 53,000 sq. ft. anchored retail center located at 8716 Research Boulevard in Austin, Texas. Fasma USA is a major tenant at the site. Financing was based on a 10-year term and a 25-year amortization schedule. The loan was arranged for the borrower by NorthMarq through its relationship with a CMBS lender.
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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.
