DALLAS, TEXAS (March 20, 2019) – Paul Brighton, senior vice president/senior director of NorthMarq’s Dallas-based regional office arranged a bridge loan for a 40,000 sq. ft. office property located in Irving, Texas. The transaction was structured with a 12-month interest-only term. NorthMarq arranged financing for the borrower through its relationship with an institutional lender.
“NorthMarq was able to arrange financing in a very tight timeframe,” noted Brighton. “We received the deal and were closed within 15 business days.”