NorthMarq’s Houston office completes refinance of self-storage property in Maurice, Louisiana
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
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.
