NorthMarq Capital completes two refinancing placements for two Scottsdale office buildings totaling $29 million

James DuMars, senior vice president/managing director of NorthMarq Capital’s Phoenix based regional office has assisted the Perry family with financing placements on two premier Scottsdale office buildings totaling a combined $29 million. Scottsdale Professional Building contains 76,647 sq.ft. and was constructed in 2004. Scottsdale Executive office Building contains 181,081 sq.ft. and was constructed in 1997.

northmarq

“Thrivent Financial was the lender and offered competitive terms and a borrower friendly execution,” said DuMars, who has personally originated nearly 100 loans with Thrivent over his career for numerous prominent owners in the valley. “Most Thrivent business is repeat,” he added. “Their process is one of the best in terms of early rate lock, competitive terms and execution.” In fact the Perry family had also previously borrowed from Thrivent.

Leave a Reply

Your email address will not be published. Required fields are marked *

2 × three =