Industrial - Debt

NorthMarq Capital arranged $2 million mortgage for Forward Air Building in Orlando, Florida

MIAMI LAKES (April 22, 2013) – Fred Welker, vice president of NorthMarq’s Miami Lakes regional office, arranged acquisition financing of $2 million for Forward Air Building, a 46,800 sq. ft. industrial building located at 1851 Cypress Lake Drive in Orlando, 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 national bank.

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.