NorthMarq Capital arranged refinancing for Fasma Plaza in Austin, Texas
Fasma Plaza
DALLAS (August 12, 2013) – Phillip Bankhead, vice president of NorthMarq’s Dallas regional office, arranged first mortgage refinancing for Fasma Plaza, a 53,000 sq. ft. anchored retail center located at 8716 Research Boulevard in Austin, Texas. Fasma USA is a major tenant at the site. Financing was based on a 10-year term and a 25-year amortization schedule. The loan was arranged for the borrower by NorthMarq through its relationship with a CMBS lender.
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.