Northmarq’s Debt + Equity team arranges $4.9M financing for manufactured housing property in Philadelphia, PA
5904-08 Germantown Ave
Northmarq’s Philadelphia Debt + Equity team led by John Banas and Kris Wood successfully arranged $4.9 million in financing for 5904-08 Germantown Ave located in Philadelphia, Pennsylvania, on behalf of their client.
5904-08 Germantown is a multifamily housing property featuring 28 units.
“This is a great client and a great lender,” Banas said. “We are all looking forward to a long relationship moving forward.”
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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.
