NorthMarq Capital arranged $4.9 million mortgage for Northwest Plaza in Grapevine, Texas
Northwest Plaza
DALLAS (April 15, 2013) – Bart Dickinson, vice president of NorthMarq’s Dallas regional office, arranged first mortgage refinancing of $4.9 million for Northwest Plaza, a 101,000 sq. ft. retail center located at 1601 West Northwest Highway in Grapevine, Texas. Dollar General, Tuesday Morning, and Bealls are major tenants at the center. Financing was based on a 15-year term and a 15-year amortization schedule and was arranged for the borrower by NorthMarq through its relationship with a correspondent life company lender.
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.
