Northmarq’s Philadelphia Debt + Equity team arranges $4.725M construction financing for mixed-use property
3401 Hamilton Street
Northmarq’s Philadelphia Debt + Equity team led by John Banas and Kris Wood successfully arranged $4.725 million in construction financing for 3401 Hamilton Street located in Philadelphia, Pennsylvania, on behalf of their client, Grit Drexel.
3401 Hamilton is a mixed-use property featuring 15 multifamily units and 1,965 square feet of commercial space.
"It is always a pleasure working with Frank, Sean and the team at Grit Drexel,” Banas said. “This will be a great asset for the University City community.”
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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.
