August 12, 2013

NorthMarq Capital arranged acquisition financing for the Shops of Highland Park in Dallas, Texas

Shops of Highland Plaza

Debt & Equity

Multi-Tenant

DALLAS (August 12, 2013) – Phillip Bankhead, vice president of NorthMarq’s Dallas regional office, arranged acquisition financing for the Shops of Highland Park, a 45,000 sq. ft. retail center located at 4200 Oak Lawn in Dallas, Texas. Financing was arranged for the borrower, Stockdale Investment Group, Inc., by NorthMarq through its relationship with a correspondent life company lender. “This was a quick close in a very volatile interest rate environment,” Bankhead said. “Both parties performed very efficiently, and we were able to close well ahead of the deadline.”

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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, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.Northmarq.com.

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