NorthMarq Capital arranges $6.3 million refinance of Hatteras Island Plaza in Avon, North Carolina

Hatteras Island Plaza
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RALEIGH (October 29, 2014) – Todd Crouse, senior vice president/managing director of NorthMarq Capital’s Raleigh regional office arranged the $6.3 million refinance of Hatteras Island Plaza, a 76,097 sq.ft. Food Lion-anchored shopping center located in Avon, North Carolina. 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 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, 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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