Other - Debt

NorthMarq Capital’s Charlotte office arranges $3.7 million refinance of Memphis Data Center, Memphis, Tennessee

CHARLOTTE (May 13, 2015) – Kevin Jenkins, vice president of NorthMarq Capital’s Charlotte based regional office arranged the $3.7 million refinance of a data center located at 3180 Players Lane in Memphis, Tennessee. The transaction was structured with a 20-year term and 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a regional bank.

Northmarq is a full-service 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 a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.

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