NorthMarq Capital’s Richmond office arranges permanent financing of $2.580 million for office property in Champaign, Illinois
RICHMOND (August 31, 2018) – Keith Wells, senior vice president/managing director of NorthMarq’s Richmond regional office, arranged permanent financing of $2.580 million for the GSA GOV building office property located in Illinois. The terms of the financing were a fixed- rate, 10-year term with a 25-year amortization and is pre-payable at par, non-recourse.
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Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.
