Industrial - Debt

Northmarq’s Houston office completes refinancing of an Industrial Park in Tyler, Texas

HOUSTON, TEXAS (September 21, 2021) – Dave Holland, senior vice president of Northmarq’s Houston office, arranged the refinancing of an industrial park in Tyler, Texas. The transaction was structured with a 10-year term on a 25-year amortization schedule. Northmarq secured financing for the borrower through its correspondent relationship with a life insurance company. 

“This non-recourse refinance provided cash out after leasing up and stabilizing this asset within a couple years,” said Holland. 

Northmarq is an industry-leading capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with an open, flexible structure, enabling our team of seasoned professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of over $30 billion, and loan servicing of nearly $70 billion.