MacKenzie Capital Secures Financing for Baltimore County Office and Retail Portfolio
John Black, Will Goetschius, and Brendan Harman of MacKenzie Capital, LLC, are pleased to announce they have secured $32,400,000 in long-term fixed rate financing on an office and retail portfolio for RFP Partners, LLC. Don Schline, Senior Vice President/Principal of MacKenzie’s Investment Sales division sourced the off-market acquisition opportunity for RFP.
Consisting of nine suburban office and retail buildings totaling 289,000 square feet, the portfolio was located in the Towson and Hunt Valley submarkets. The lender, secured by MacKenzie Capital, provided a fully amortizing, fixed rate 25-year loan.
“We are thrilled to have worked with the RFP Partners to finance these important and strategic assets for their company,” stated John Black, President of MacKenzie Capital. “These assets are a long-term hold strategy for our client; and we were able to secure extremely attractive long-term fixed rate financing to match their real estate holdings objectives. The timing could not have been better,” Black added.
MacKenzie Capital, LLC (“MacCap”) is a real estate capital advisory firm that commercial real estate owners, developers, and investors rely on for their debt, equity, and project financing needs. Our creative, hands-on, and client-focused approach to capital advisory ensures that our clients are getting the most effective financing for their project in the current market. For decades, our team of experienced advisors has successfully arranged financing for small and large projects of all property types throughout the country. MacCap is an affiliate of The MacKenzie Companies, one of the Mid-Atlantic’s largest independently-owned full-service commercial real estate firms that is based in Baltimore, Maryland.
For more information about MacKenzie Capital, please visit www.mackenziecommercial.com or contact John Black at jblack@mackenziecommercial.com or 410.494.6652, or Will Goetschius at wgoetschius@mackenziecommercial.com or 202.341.6474. For investment sale opportunities, please contact Don Schline at dschline@mackenziecommercial.com or 410.494.4648.
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MacKenzie Ventures, LLC (MacKenzie) possesses the multi-disciplined team necessary to excel in Maryland’s corporate real estate community. Comprising seven firms, MacKenzie provides clients a competitive, full service platform of offerings in leasing, sales, investment sales, tenant and landlord advisory services, corporate and business consulting, commercial and residential development, general construction, property and asset management, debt and equity capital placement, and market research. With more than 225 employees and offices in Annapolis, Baltimore, Bel Air, Columbia, and Lutherville, Maryland, MacKenzie is one of the largest full service commercial real estate firms in the Mid-Atlantic. Please visit www.mackenziecommercial.com for more information.
