Industrial

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 Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through its 36 offices across the U.S. The company has built long-term relationships with life companies, CMBS platforms and local, regional and national banks, with a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. The company closes approximately $13 billion in commercial real estate loans annually and services a loan portfolio of more than $50 billion. For more information please visit northmarqcap.wpengine.com.