Northmarq’s Debt + Equity team secures bridge financing for Haverhill, MA apartment community
Haverhill Multifamily Community
Northmarq’s Boston Debt + Equity team led by Kevin Sykes, Ed Riekstins and Jeff Munoz successfully arranged $995,000 in bridge financing for the acquisition of 14-16 Nichols Street. The mid-rise apartment community offers six units and is located in Haverhill, Massachusetts.
Northmarq secured bridge financing on behalf of their borrower through the firm’s relationship with a commercial bank. The transaction was structured on a one-year term.
Meet our team
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.
