NorthMarq’s Phoenix negotiates $2.25 million refinance of Mountainview Village in Mesa, Arizona
PHOENIX, ARIZONA (December 12, 2019) – James DuMars, senior vice president/managing director of NorthMarq’s Phoenix office arranged the $2.25 million refinance of Mountainview Village, a retail property located at 108621 East Baseline Road in Mesa, Arizona.
Financing Details:
- 10-year term
- 20-year amortization schedule
- Permanent-fixed loan
- NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.
Property Details:
- The retail property contains 12,836 sq. ft.
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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 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.
