April 15, 2016

NorthMarq Capital negotiates $3,500,000 refinance of 34th Street Plaza in Gainesville, Florida

34th Street Plaza

Debt & Equity

Multi-Tenant

MIAMI (April 15, 2016) – Jeff Robertson, senior vice president/managing director of NorthMarq Capital’s Miami-based regional office arranged the $3.5 million refinance of 34th Street Plaza, a 34,810 sq. ft. retail property located in Gainesville, Florida. The transaction was structured with a 10-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.

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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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 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.

Transactions