NorthMarq Capital arranges acquisition financing for Greenway Plaza in Phoenix, Arizona
Greenway Plaza
DENVER (March 17, 2014) – John M. Stewart, senior vice president of NorthMarq Capital’s Denver based regional office arranged $3 million acquisition financing for Greenway Plaza, a three building retail property located at 1849-1855 W. Greenway Plaza in Phoenix, Arizona. Financing was based on a 3-year term and 20-year amortization schedule and was arranged for the borrower by NorthMarq through its relationship with a regional bank. The three, single story retail buildings, totaling 66,678 sq.ft. were constructed in 2000.
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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.