NorthMarq Capital’s Richmond office arranges permanent financing of $3.5 million for Woody's RE Outlots LLC in Richmond, Virginia

Woody's RE Outlots LLC
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RICHMOND (April 22, 2016) – Keith Wells, senior vice president/managing director of NorthMarq Capital’s Richmond based regional office, arranged permanent financing of $3.5 million for Woody’s RE Outlots LLC, a 227,819 sq. ft. retail property located at 7119, 7125 and 7131 Forest Hill Avenue in Richmond, Virginia. The property consists of three ground leases that are adjacent to each other and account for 5.23 total acres.

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.