Northmarq’s Debt + Equity team arranges $2.7M refinancing for New York retail property
Northmarq’s New York Metro Debt + Equity team led by Robert Delitsky and Dylan Hamer secured the $2.7 million acquisition financing of a retail property in Oceanside, New York.
Northmarq secured permanent-fixed financing on behalf of the borrower, through a correspondent relationship with a life insurance company. The transaction was structured on a twenty-year term.
The property spans 4,800 square feet, with 7-Eleven as the tenant.
Meet our team
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 $80 billion and has completed $91.3 billion in transactions over the past four years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide.
