Northmarq’s Houston office secures refinancing of the Shoppes at Katy Pin Oak
Shoppes at Katy Pin Oak
HOUSTON (Sept. 19, 2023) — Travis Fite, senior vice president of Northmarq’s Houston-based regional office, successfully arranged the external refinance of a 17,453-sq.-ft. shopping center in Katy, Texas. Built in 2019, the unanchored retail strip center is situated on 2.95 acres at 25785 Katy Freeway. Northmarq secured the permanent fixed rate loan for the borrower through its correspondent relationship with a life insurance company. The loan was structured on a 5-year term.
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.
