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