NorthMarq’s Baltimore office arranged refinance of Little Patuxent Square in Columbia, Maryland
BALTIMORE (June 1, 2018) – Timothy Greisman, senior vice president and Joseph Burke, executive vice president/senior managing director of NorthMarq’s Baltimore regional office, secured the refinancing of Little Patuxent Square, a 309,300 sq. ft. property located in Columbia, Maryland. The property contains a mixture of office, apartment and retail space. The permeant-fixed rate loan was arranged for the borrower through NorthMarq’s correspondent relationship with a life insurance company.
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.