NorthMarq Capital’s Richmond office arranges $10,875,000 permanent financing for GSA Government building in Norfolk, Virginia
RICHMOND (July 24, 2017) Keith Wells, senior vice president/managing director of NorthMarq Capital’s Richmond regional office, arranged permanent financing of $10,875,000 for the GSA Government building, a 53,917 sq. ft. office property located in Norfolk, Virginia. The transaction was structured with a fixed rate, five-year term on a 25-year amortization and is pre-payable at par, non-recourse.
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