NorthMarq Capital arranges acquisition financing of $4.15 million for ground lease in Phoenix, Arizona
West Camelback Road
PHOENIX – NorthMarq Capital’s Phoenix regional office arranged acquisition financing of $4.15 million for a 904,698 sq. ft. ground lease located at 702, 710, 730, 750, 920 and 928 West Camelback Road in Phoenix, Arizona. The transaction was structured with a fully amortizing 20-year term. NorthMarq arranged financing for the borrower through its 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.
