NorthMarq’s Houston office negotiates refinancing for North Point Shopping Center in San Antonio, Texas
North Point Shopping Center
HOUSTON, TEXAS (July 29, 2021) – Blane Eikenhorst, vice president of NorthMarq’s Houston office, arranged the refinancing of North Point Shopping Center. The 29,230 sq. ft. unanchored strip center is located at 4535 Fredericksburg Road in San Antonio, Texas. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq secured the permanent-fixed loan for the borrower through its correspondent relationship with a life insurance company.
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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.
