Retail - Debt

NorthMarq’s Chicago office arranges $4.5 million refinance of a retail property in Mesa, Arizona

CHICAGO, ILLINOIS (March 5, 2020) – Erik Kunz, vice president of NorthMarq’s Chicago office secured the $4.5 million refinance of a 17,908 sq. ft. retail center located in Mesa, Arizona. The transaction was structured with a fully amortizing 20-year term. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. 

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.