NORTHMARQ ARRANGES $5M FOR NORTH SCOTTSDALE GATEWAY

by admin

SCOTTSDALE, ARIZ. – NorthMarq Capital has arranged $5 million in first-mortgage financing for the 25,612-square-foot North Scottsdale Gateway shopping center. Financing includes a 10-year term and a 25-year amortization schedule. NorthMarq obtained the financing for the borrower through its correspondent relationship with Thrivent Financial for Lutherans. James DuMars, senior vice president and managing director of NorthMarq Phoenix regional office, arranged the financing.

You may also like