May 20, 2013

NorthMarq Capital arranged $2.5 million mortgage for Parkway Building in Hanover, Maryland

7257 Parkway Drive

Debt & Equity

Multi-Tenant

BALTIMORE (May 20, 2013) – Nancy R. Ferrell, senior vice president and managing director of NorthMarq’s Baltimore regional office, arranged acquisition financing of $2.5 million for the Parkway Building, a 27,555 sq. ft. office building located at 7257 Parkway Drive in Hanover, Maryland. Financing was based on a 10-year term and a 25-year amortization schedule and was arranged for the borrower, Parkway 100 Holdings, LLC, by NorthMarq through its relationship with a correspondent life company lender.

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Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.