NorthMarq Arranges $26.35 Million in Financing for Mixed-Use Project in South Boston, MA
The Distillery and The Distillery North
BOSTON, MASSACHUSETTS (September 30, 2021) – Ed Riekstins, senior vice president/managing director and Daniel Karp, vice president of NorthMarq’s Boston office, structured $26,350,000 in financing for The Distillery and The Distillery North, a 185,526 sq. ft. mixed-use property located in South Boston, MA. NorthMarq arranged the long-term, permanent-fixed loan on behalf of the borrower through its relationship with a regional bank.
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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.
