NorthMarq arranges $11.58 million refinance of Center Pointe at Radisson in Baldwinsville, New York
ROCHESTER (June 23, 2014) – NorthMarq’s Rochester based regional office arranged the $11.58 million refinancing of Center Pointe at Radisson, a 121-unit multifamily property located in Baldwinsville, New York. The transaction was structured with a 10 year term and 30 year amortization schedule and was arranged for the borrower by NorthMarq through its seller/servicer relationship with Freddie Mac.
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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.
