NorthMarq Capital’s Boston office arranges acquisition financing of $3.91 million for industrial property in Upper Marlboro, Maryland
BOSTON (January 31, 2018) – Michael Chase, senior vice president and Eric Raiche, investment analyst at NorthMarq Capital’s Boston regional office, arranged acquisition financing of $3.91 million for a 102,000 sq. ft. industrial property located in Upper Marlboro, Maryland. The transaction was structured with a full-term interest only loan with a flexible prepayment structure. NorthMarq arranged financing for the borrower through its relationship with a regional bank.
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.
