NorthMarq Capital arranges refinance through Freddie Mac for Boston Crossing in Baltimore, Maryland
Boston Crossing
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.
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.
