Retail - Debt

NorthMarq Capital’s Atlanta office finalizes refinancing of Festival Plaza in Montgomery, Alabama

ATLANTA (December 2013) – Wanda Riggs Mack, vice president of NorthMarq Capital’s Atlanta based regional office arranged the refinance of Festival Plaza, a 108,356 sq.ft. retail property located in Montgomery, Alabama. The transaction was structured with a 10-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a conduit/CMBS lender.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.

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