Northmarq arranges $9.8 million acquisition financing for Santa Barbara warehouse in Elkridge, MD
Northmarq’s Nashville Debt + Equity team led by Jesse Lemos successfully arranged the $9.8 million acquisition financing which included TI/LC + Capex dollars for Santa Barbara, a 101,066-sq.-ft. warehouse and distribution facility in Elkridge, MD. The bridge loan was structured on a two-year term.
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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.
