Northmarq’s Debt + Equity team secured $2.2M refinancing for property in New Bedford, MA
11 David Street
Northmarq’s Boston Debt + Equity team led by Kevin Sykes and Ed Riekstins successfully arranged the $2.2 million refinancing of 11 David Street, a neighborhood center in New Bedford, Massachusetts.
Northmarq arranged the permanent-fixed financing on behalf of their borrower, 11 David Street LLC, through a bank. The transaction was structured on a ten-year term.
Meet our team
About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
