NorthMarq Capital’s Dallas office arranges refinance of Melnic 9773 in Dallas, Texas
Melnic 9773
DALLAS (January 2, 2018) – Bart Dickinson, vice president of NorthMarq Capital’s Dallas regional office, secured refinancing for Melnic 9773, a 17,200 sq. ft. industrial property in Dallas, Texas. The transaction was structured by a 25-year loan term on a 25 year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a correspondent life company. “This long term refinance enable the borrower to recapture some equity and lock in a long-term fixed-rate loan,” said Dickinson.
About Northmarq
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.
