Northmarq arranges financing of Rice Village Retail Center & Sonic Ground Lease
Rice Village Retail & Sonic Ground Lease
Date: Jan. 12, 2023
Size: 20,270 sq. ft.
Location: Houston, Texas
Lender: Life company
Loan subtype: Permanent fixed
D+E team: John Burke
Winning quote: Cash neutral refinance. The loan will have two fixed rate period of 10 years each.
Meet our team
About Northmarq
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.
