NorthMarq Capital's Boston office arranges $4.5 million refinance of flex warehouse property in Willowbrook, Illinois
Flex Warehouse Property
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.”
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.
