NorthMarq Capital’s Dallas office negotiates $9.4 million refinance of retail property in Mesquite, Texas
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DALLAS (October 10, 2017) – Phillip Bankhead, senior vice president/senior director of NorthMarq Capital’s Dallas regional office, arranged the $9.4 million refinance of a 125,000 sq. ft. retail property located in Mesquite, Texas. 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 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.