Retail

NorthMarq Capital’s Chicago office arranges $2.96 million refinance for restaurant in Chicago, Illinois

CHICAGO (July 26, 2017) Erik Kunz, vice president of NorthMarq Capital’s Chicago regional office, arranged refinancing of $2,960,000 for a restaurant property located in Chicago, Illinois. This closing represented Eric’s ninth restaurant closing with this high growth-well known family restaurant group in the Chicago metro area. NorthMarq arranged financing for the borrower through its relationship with a correspondent life company.

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 www.northmarq.com.