NorthMarq Capital negotiates $3,500,000 refinance of 34th Street Plaza in Gainesville, Florida
34th Street Plaza
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.
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. For more information, visit www.northmarq.com.
