NorthMarq Capital arranged $9.065 million mortgage for Little Rock Logistics Center in Maumelle, Arkansas
Little Rock Industrial Center
DALLAS (June 19, 2013) – Ronald Reese, senior vice president and managing director of NorthMarq’s Dallas regional office, arranged acquisition financing of $9.065 million for Little Rock Logistics Center, a 497,450 sq. ft. industrial property located at 104 Champs Boulevard in Maumelle, Arkansas. Financing was based on a 3-year term and a 25-year amortization schedule and was arranged for the borrower by NorthMarq through its relationship with a correspondent life company lender.
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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
