NORTHMARQ ARRANGES $2.2 MILLION RETAIL CONSTRUCTION LOAN

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SANGER, TEXAS — NorthMarq Capital has arranged approximately $2.2. million in first-mortgage financing for the construction of Sanger Market Place, a 14,000-square-foot retail center located in Sanger. Terms of the loan include a 3-year term with interest-only payments. Stephen Whitehead of NorthMarq’s Dallas office secured the financing for the undisclosed borrower on behalf of Sovereign Bank.

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