NorthMarq Capital’s Richmond office arranges $3.7 million refinance of Townside Festival Shopping Center in Roanoke, Virginia
RICHMOND (July 24, 2017) Keith Wells, senior vice president/managing director of NorthMarq Capital’s Richmond regional office, arranged refinancing of $3,700,000 for Townside Festival Shopping Center, a 52,000 sq. ft. neighborhood retail property located in Roanoke, Virginia. The transaction was structured with a 10-year term on a 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a correspondent life company.
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