Keith Wells arranges $3.15 million in acquisition financing for West Broad Village in Glen Allen, Virginia
RICHMOND, VIRGINIA (April 29, 2019) – Keith Wells, senior vice president/managing director of NorthMarq’s Richmond-based regional office, secured acquisition financing of $3.15 million for West Broad Village, a 19,556 sq. ft. unanchored strip retail property located in Glen Allen, Virginia. NorthMarq arranged the permanent-fixed loan 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. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.