NorthMarq’s Houston office completes refinance of self-storage property in Maurice, Louisiana
Safe and Sound Storage
HOUSTON, TEXAS (September 26, 2019) – NorthMarq's Houston office arranged refinancing for Safe and Sound Storage, a self-storage property located in Maurice, Louisiana.
Financing Details:
- 10-year term
- 25-year amortization schedule
- Cash-out refinance
- NorthMarq arranged the permanent-fixed loan through its relationship with a CMBS lender.
Property Details:
- 59,000 sq. ft.
- Property is located along US Highway 167
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.
