BOSTON, MASSACHUSTETTS (November 25, 2019) – Jeff Munoz, vice president of NorthMarq’s Boston-based regional office, secured acquisition financing of $2,175,000 for 100 Park Place. The multifamily property is located in Providence, Rhode Island.
– 5-year term
– 30-year amortization schedule
– NorthMarq arranged the permanent-fixed loan for the borrower through its relationship with a local bank.
– The property contains 42 units