NorthMarq’s New York City office arranges acquisition financing of $4.4 million for Shoppes at Dubois in Dubois, Pennsylvania
NEW YORK, NEW YORK (March 1, 2019) – Brian Wylie, vice president and Craig Bjornsund, senior vice president/managing director of NorthMarq’s New York City office, secured the $4.4 million refinance of Shoppes at Dubois, a 16,830 sq. ft. retail property located in Dubois, Pennsylvania. The transaction was structured with a 10-year term. NorthMarq arranged financing for the borrower through its correspondent relationship with Genworth Financial.
“Genworth provided a quick competitive quote that met the borrower’s requirements,” said Wylie.
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.