NorthMarq Capital’s Phoenix office arranges acquisition financing for the Holiday Inn Express in Granbury, Texas
PHOENIX – Griffin Martin, senior producer at NorthMarq Capital’s Phoenix regional office, arranged acquisition financing for a 64-unit Holiday Inn Express located at 1515 Plaza Drive in Granbury, Texas. The transaction was structured with a 10-year term on a 25-year amortization schedule. “The client was looking for a reliable execution with great terms and we were able to deliver both,” said Martin. NorthMarq arranged financing for the borrower 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, 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.
