Retail - Debt

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

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.”

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.