Retail - Debt

NorthMarq Capital’s Raleigh office arranges $7.3 million refinance of Hope Valley Commons in Durham, North Carolina

RALEIGH (January 30, 2017) – Brett Mason, senior vice president of NorthMarq Capital’s Raleigh-based regional office, finalized the $7.3 million refinance of Hope Valley Commons, a 38,963 sq. ft. retail property located at 1125 West NC Hwy 54 in Durham, North Carolina. The transaction was structured with a 15-year term on a 25-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $16 billion, loan servicing portfolio of more than $65 billion and the multi-year tenure of our nearly 600 people.