Northmarq’s Houston office arranges acquisition financing for Professional Office Park in Houston, Texas
Professional Office Park
HOUSTON, TEXAS (January 31, 2022) – Larry Peters, senior vice president of Northmarq’s Houston office, secured acquisition financing for Professional Office Park. The 20,191 sq. ft. suburban single-story property is located in Spring, Texas (Houston MSA). The permanent-fixed loan was structured with a 3-year term on a 25-year amortization schedule. Northmarq arranged financing for the borrower through its relationship with a commercial bank.
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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.
