NorthMarq arranges acquisition financing of $13.713 million for Vesta on 12th in Phoenix, Arizona
PHOENIX, ARIZONA (NOVEMBER 30, 2020) – Brandon Harrington, managing director and Tyler Woodard, vice president of NorthMarq’s Phoenix office secured acquisition financing of $13.713 million for Vesta on 12th. The transaction was structured with a 10-year term with 5-years of interest-only followed by a 30-year amortization schedule. NorthMarq arranged the permanent-fixed loan for the borrower through its Optigo status as a Freddie Mac lender.
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