Michael Chase of NorthMarq Capital’s Boston office arranged acquisition financing of $6,025,000 for industrial portfolio
Industrial Portfolio
BOSTON (November 29, 2017) – Michael Chase, senior vice president of NorthMarq Capital’s Boston regional office, arranged acquisition financing of $6,025,000 for a 192,375 sq. ft. industrial portfolio located along Industrial Road in Elizabethtown, Pennsylvania. The transaction included full-term interest-only and a flexible prepayment structure. NorthMarq arranged financing for the borrower through its relationship with a regional bank.
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.