Northmarq’s Philadelphia Debt + Equity team arranges financing for 3rd & Cumberland
3rd & Cumberland Apts
Northmarq’s Philadelphia Debt + Equity team led by John Banas and Kris Wood successfully arranged $2.881 million in financing for 3rd & Cumberland located in Harrisburg, Pennsylvania, on behalf of their client, WCI Partners. The financing was arranged through Northmarq’s in-house Fannie Mae DUS platform.
3rd & Cumberland is a mixed-use property featuring 20 multifamily units and three retail spaces.
"The sponsors are a great Harrisburg owner and operator,” Banas said. “It’s always a pleasure for us working with them.”
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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.
