NorthMarq Capital arranges $73 million refinancing for the Graham Portfolio

Graham Portfolio
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MIAMI (December 16, 2013) – Jeff Robertson, senior vice president/managing director of NorthMarq’s Miami regional office, arranged refinancing of $73 million for the Graham Portfolio. The portfolio, consisting of 17 industrial buildings and four apartment complexes, contains 421,500 sq.ft. of industrial space and 1,434 apartment units. NorthMarq arranged financing for the borrower, The Graham Companies, through its relationship with The Lincoln National Life Insurance Company, who won the quote amongst a pool a potential major institutional lenders with the most competitive rate. “The security consisted of multi-family as well as industrial buildings and had a low loan to value ratio,” said Robertson. “There was a “forward” pricing element in this deal and that was included in the “all-in” rate with Lincoln. Given the older nature and complexity of the portfolio loan, the closing has gone remarkably smoothly.”

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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