Industrial - Debt

NorthMarq Capital

NorthMarq Capital arranges acquisition financing of $5.1 million for Lamar Industrial property in Memphis, Tennessee

DALLAS (June 14, 2018) – Bart Dickinson, vice president of NorthMarq Capital’s Dallas regional office, arranged acquisition financing of $5,100,000 for 382,110 sq. ft., Lamar Industrial property located in Memphis, Tennessee. NorthMarq arranged financing for the borrower through its correspondent relationship with a life company. “This financing provided the borrower with a low-cost fixed-rate loan for this value-add transaction,” said Dickinson.

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 $13 billion, loan servicing portfolio of more than $55 billion and the multi-year tenure of our more than 500 people.