Northmarq’s Debt + Equity team secures $2.33M refinancing for low-rise apartments in Bronx, NY
Bronx Apartments
Northmarq’s New York Metro Debt + Equity team led by Eli Levenfeld and Dylan Hamer successfully secured the $2.33 million refinancing of a 10-unit multifamily community located in Bronx, New York.
Northmarq arranged permanent-fixed financing on behalf of the borrower through a correspondent relationship with a life insurance company. The transaction was structured on a five-year term.
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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.
