Retail - Debt

NorthMarq Capital

NorthMarq Capital arranges refinancing for retail property in Houston, Texas

HOUSTON (June 4, 2018) – Paul Brighton, senior vice president/senior director of NorthMarq Capital’s Dallas regional office, arranged refinancing for retail property consisting of 86,396 sq. ft., located in Houston, Texas. The transaction was structured with a 10-year term on a 20-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.

“This transaction featured a 52 percent LTV,” said Brighton. “The borrower was a repeat borrower for our lender.”

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 $13 billion, loan servicing portfolio of more than $55 billion and the multi-year tenure of our more than 500 people.