NorthMarq Capital secures $4.6 million refinance of retail property in Dallas, Texas
Retail Property
DALLAS (November 14, 2017) – Phillip Bankhead, senior vice president/senior director of NorthMarq Capital’s Dallas regional office, negotiated the $4.6 million refinance of a 22,000 sq. ft. retail property located in Dallas, Texas. The transaction was structured with a 15-year term and was arranged for the borrower through NorthMarq’s correspondent relationship with a life insurance company.
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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.
