Industrial - Debt

NorthMarq Capital

NorthMarq Capital finalizes $3.3 million refinance of industrial property located in Doral, Florida

MIAMI (September 11, 2014) – Bill Johnson, senior vice president/managing director of NorthMarq Capital’s Miami-based office arranged the $3.3 million refinance of Lakeview Commercial, a 32,755 sq.ft. multitenant one story industrial property located at 405 NW 114th Avenue in Doral, Florida. The transaction was structured with a 10-year term and 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a national bank.

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through over 300 mortgage banking professionals in regional offices coast-to-coast and services a loan portfolio of more than $52 billion. In select markets, the company offers multifamily and manufactured housing investment sales through NorthMarq Multifamily. As a leader in capital solutions through long-term relationships with life companies, CMBS platforms and local, regional and national banks, the company also has a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. For more information please visit www.northmarq.com.