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