Northmarq Arranges $50.8 Million in Financing for Grocery-Anchored Retail Property in Metro Washington, D.C.

Northmarq Arranges $50.8 Million in Financing for Grocery-Anchored Retail Property in Metro Washington, D.C.

Potomac, Md. — Northmarq has arranged $50.8 million in permanent, fixed-rate financing for Potomac Place Shopping Center, an 80,040-square-foot retail property located in Potomac, roughly 15 miles northwest of downtown Washington,… The post Northmarq Arranges $50.8 Million in Financing for Grocery-Anchored Retail Property in Metro Washington, D.C. appeared first on Shopping Center Business.

$13.65MM Refinance Secured for Walmart-Anchored Retail Center in Sherwood, Ore.

A private investor just locked in seven-year, fixed-rate debt on a fully stabilized Portland-suburb shopping center at a moment when insurance-company lenders are competing hardest for exactly this kind of asset, underscoring how much life company capital has come to dominate financing for grocery- and big-box-anchored retail. Gantry has secured a $13.65 million permanent loan to refinance maturing debt on Parkway Village at Sherwood, a 45,653-s…