Retail - Debt

NorthMarq Capital

NorthMarq’s New York City office arranges acquisition financing of $4.4 million for Shoppes at Dubois in Dubois, Pennsylvania

NEW YORK, NEW YORK (March 1, 2019) – Brian Wylie, vice president and Craig Bjornsund, senior vice president/managing director of NorthMarq’s New York City office, secured the $4.4 million refinance of Shoppes at Dubois, a 16,830 sq. ft. retail property located in Dubois, Pennsylvania. The transaction was structured with a 10-year term. NorthMarq arranged financing for the borrower through its correspondent relationship with Genworth Financial.  

“Genworth provided a quick competitive quote that met the borrower’s requirements,” said Wylie.

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 $57 billion and the multi-year tenure of our more than 500 people.