NorthMarq Capital secures $54.7 million refinance of two class “A” multifamily properties in Chicago, Illinois
Class “A” Multifamily
CHICAGO (November 1, 2016) – Robert F. Toland, vice president of NorthMarq Capital’s Chicago-based regional office, arranged refinancing totaling $54.7 million for two West Loop multifamily properties located in Chicago, Illinois. The two class “A” buildings contain a combined 165 units. NorthMarq arranged financing for the borrower through its Fannie Mae DUS program.
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.
