Northmarq arranges financing of Rice Village Retail Center & Sonic Ground Lease

Rice Village Retail & Sonic Ground Lease
Rice Village Retail Center and Sonic Ground Lease

Date: Jan. 12, 2023
Size: 20,270 sq. ft.
Location: Houston, Texas
Lender: Life company
Loan subtype: Permanent fixed
D+E team: John Burke
Winning quote: Cash neutral refinance. The loan will have two fixed rate period of 10 years each.

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.