Arranges two refinancing placements for two Scottsdale office buildings totaling $29 million
Two Scottsdale Office Buildings
PHOENIX – James DuMars, senior vice president/managing director of NorthMarq Capital’s Phoenix based regional office has assisted the Perry family with financing placements on two premier Scottsdale office buildings totaling a combined $29 million. Scottsdale Professional Building contains 76,647 sq.ft. and was constructed in 2004. Scottsdale Executive office Building contains 181,081 sq.ft. and was constructed in 1997. “Thrivent Financial was the lender and offered competitive terms and a borrower friendly execution,” said DuMars, who has personally originated nearly 100 loans with Thrivent over his career for numerous prominent owners in the valley. “Most Thrivent business is repeat,” he added. “Their process is one of the best in terms of early rate lock, competitive terms and execution.” In fact the Perry family had also previously borrowed from Thrivent.
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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.
