NorthMarq Capital arranges acquisition financing of $1,020,000 for O’Reilly Auto Parts in Oldtown, Idaho
O’Reilly Auto Parts
MINNEAPOLIS (October 30, 2017) – Michael Padilla, vice president of NorthMarq Capital’s Minneapolis regional office, arranged acquisition financing of $1,020,000 for a 6,750 sq. ft. O’Reilly Auto Parts property located in Oldtown, Idaho. The transaction was structured with a ten-year term on a 17-year amortization schedule. NorthMarq arranged financing 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.
