September 30, 2014

NorthMarq Capital's Boston office arranges $4.5 million refinance of flex warehouse property in Willowbrook, Illinois

Flex Warehouse Property

Debt & Equity

Multi-Tenant

BOSTON (September 29, 2014) – James M. Murphy, Managing Director of NorthMarq Capital’s Boston based office arranged the $4.5 million refinance of a 50,157 sq.ft. flex industrial warehouse located at 7100 Madison Street in Willowbrook, Illinois. The commercial mortgage transaction was structured with a 5-year term and 25-year amortization schedule. “This transaction was yet another example of the national reach of the NorthMarq Capital platform,” said Murphy. “We were pleased to be able to assist a Boston based equity fund client with their out-of-market loan request and to be able to meet the client’s needs for full leverage with maximum prepayment flexibility.”

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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, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.Northmarq.com.

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