NorthMarq Capital’s Atlanta office arranges acquisition financing of $4.2 million for Windward Forrest in Alpharetta, Georgia

Windward Forest
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ATLANTA (March 7, 2016) – Johnny Rankin, vice president and Wanda Riggs Mack, vice president of NorthMarq Capital’s Atlanta office arranged acquisition financing of $4.2 million for Windward Forest, a 67,000 sq. ft. office property located at 960 North Point Parkway in Alpharetta, Georgia. The transaction was structured with a 5-year term and 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a local bank. “A local bank provided a low-interest, fixed-rate loan and accommodated the quick closing need for the borrower’s 1031 exchange,” said Rankin.

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 more than $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.