NorthMarq Capital arranges refinance through Freddie Mac for Boston Crossing in Baltimore, Maryland
BALTIMORE (July 27, 2016) – Nancy Ferrell, senior vice president/managing director of NorthMarq Capital’s Baltimore-based regional office arranged refinancing for Boston Crossing, multifamily property located at 1320 South Bonsal Street in Baltimore, Maryland consisting of 277 garden apartment units. The transaction was structured with a 10-year term with 5-years interest only followed by a 30-year amortization schedule.
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.
