NorthMarq Capital’s Atlanta office secures $21,500,000 refinance of Sutton Place in Jacksonville, Florida
ATLANTA (May 11, 2018) – Randy Wolfe, senior vice president/managing director of NorthMarq Capital’s Atlanta regional office, arranged the $21,500,000 refinance of Sutton Place, a 171,029 sq. ft. office property located at 13901 Sutton Park Drive in Jacksonville, Florida. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.
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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.
