Office - Debt

NorthMarq’s Dallas office arranges bridge loan for office property in Irving, Texas

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.” 

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.