NorthMarq arranges acquisition financing of $1.58 million for retail property in Phoenix, Arizona
PHOENIX, ARIZONA (December 1, 2020) – Alex Quenzler, vice president of NorthMarq’s Phoenix office secured acquisition financing of $1.58 million for PLS Financial. The 2,40 sq. ft. retail property is located in Phoenix, Arizona. The transaction was structured with a 10-year term on a 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with Desert Financial Credit Union.
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