NorthMarq Capital’s Boston office finalizes $6.375 million acquisition financing for Greater Atlanta Portfolio
Greater Atlanta Portfolio
BOSTON (May 4, 2015) – James M. Murphy, managing director of NorthMarq Capital’s Boston based regional office arranged acquisition financing of $6.375 million for an industrial portfolio in Atlanta, Georgia. The properties contain a total of 281,484 sq.ft. NorthMarq arranged interest only financing (featuring a competitive rate, prepayment flexibility and a fast closing) through its correspondent relationship with a life insurance company. “NorthMarq once again shows its national reach by helping our clients finance properties in various markets across the country,” said Murphy. “We were pleased to be able to once again work with this borrower and provide them an aggressive rate and flexible deal structure all while being able to close in under 40 days.”
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.
