David Mott of NorthMarq Capital’s Dallas office finalizes permanent financing for Mills Courtyard in Ventura, California
Mills Courtyard
DALLAS (December 20, 2016) – David Mott, senior vice president of NorthMarq Capital’s Dallas-based regional office, secured permanent financing for a 14,707 sq. ft. unanchored retail property located in Ventura, California. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a regional bank. Major tenants on the property include: Starbucks, Pacific Western Bank and Verizon.
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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.
