NorthMarq Capital arranges acquisition financing of $1.8 million for Verizon Wireless at Outer Loop in Louisville, Kentucky
Verizon Wireless at Outer Loop
LOUISVILLE (February 16, 2016) – Randall Waddell, senior vice president of NorthMarq Capital’s Louisville office arranged acquisition financing of $1.8 million for Verizon Wireless at Outer Loop, a 4,200 sq. ft. retail property located at 4800 Outer Loop in Louisville, Kentucky. The transaction was structured with a 7-year term and 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a regional bank.
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.