Northmarq’s Philadelphia Debt + Equity team successfully arranged $2.445M refinance for mixed-use property
2039 N. Front Street
Northmarq’s Philadelphia Debt + Equity team led by John Banas and Kris Wood arranged $2.445 million in permanent financing for 2039 N. Front Street in Philadelphia, Pennsylvania on behalf of their client.
The newly stabilized multifamily property includes 14 residential units and 1,200 square feet of commercial space.
“We’re grateful for the opportunity to work with a new client on this exciting project and proud to deliver a financing solution that supports their vision and the Fishtown community,” said Banas.
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.
