NorthMarq Capital arranges $3.99 million refinance of Braves Village in Myrtle Beach, South Carolina
Braves Village
RALEIGH (March 12, 2014) – Todd Crouse, senior vice president/managing director of NorthMarq Capital’s Raleigh based regional office finalized the $3.99 million refinance of Braves Village, a 60,914 sq.ft. Food Lion-anchored property located near Myrtle Beach, South Carolina. 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 community bank.
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.
