NorthMarq’s Phoenix negotiates $2.25 million refinance of Mountainview Village in Mesa, Arizona
Mountainview Village
PHOENIX, ARIZONA (December 12, 2019) – James DuMars, senior vice president/managing director of NorthMarq’s Phoenix office arranged the $2.25 million refinance of Mountainview Village, a retail property located at 108621 East Baseline Road in Mesa, Arizona.
Financing Details:
- 10-year term
- 20-year amortization schedule
- Permanent-fixed loan
- NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.
Property Details:
- The retail property contains 12,836 sq. ft.
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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.
