NorthMarq’s Atlanta office arranges refinance of Midtown Plaza in Montgomery, Alabama
ATLANTA, GEORGIA (March 5, 2019) – Wanda Riggs Mack, vice president of NorthMarq’s Atlanta regional office, finalized the refinance of Midtown Plaza, a 106,865 sq. ft. retail property located in Montgomery, Alabama. The transaction was structured with a 10-year term with 3 years of interest-only payments, followed by a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with the lender, Rialto Mortgage Finance.
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.
