NorthMarq Capital arranges refinancing of $7 million for Park Place in Huntsville, Alabama
ATLANTA (June 29, 2018) – Randy Wolfe, managing director of NorthMarq Capital’s Atlanta regional office, arranged refinancing of $7,000,000 for Park Place, a 79,452 sq. ft. office property located in Huntsville, Alabama. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a conduit CMBS lender.
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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.
