Jeff Frankel, senior vice president/senior director of NorthMarq’s Chicago office, negotiated acquisition financing for two industrial/flex office properties, including one loated in the suburbs of Columbus, Ohio.
Both transactions were sourced through NorthMarq’s relationship with Ready Capital Structured Finance, a REIT bridge platform.
Frankel arranged acquisition financing for a three-building single story office/flex property containing a total of 124,929 square feet in Dublin, Ohio. The transaction was structured with a 7-year hybrid bridge loan.
In addition, Frankel arranged acquisition financing for a three-building single-story industrial/flex property containing a total of 140,134 square feet in Des Plaines, Illinois.
