Marshall of NorthMarq Capital negotiates $1.1 million refinance
Matt Marshall, vice president of NorthMarq Capital's Boston regional office arranged the $1.1 million refinance of 199 Main St., a 9,609 s/f retail property. NorthMarq arranged financing for the borrower through its relationship with a local bank.
"The borrower's long-term ownership of the property and the excellent location in downtown Falmouth on Main St. were key factors in the success of the transaction," said Marshall.
NorthMarq Capital provides debt, equity and commercial loan servicing through its 36 offices across the U.S.
Wallingford, CT O,R&L Commercial has completed the $3.8 million sale of a mixed-use investment property located at 33-39 North Main St. and 24-25 Wallace Ave. in the town center.
This may seem self-serving, and I’ll be the first to admit it. But unlike some of the artificial intelligence tools now reshaping our industry, I am fully aware of my own bias. So, hear me out. The rise of AI in commercial real estate is not a distant threat or a speculative headline.
Now what? As the year comes to a close, the state of retail is always in the news. The answers vary greatly depending on who in the various related industries you ask, each offering a unique lens on the challenges and opportunities ahead.