Industrial - Debt

NorthMarq’s Boston office arranges acquisition financing of $2.46 million for industrial property in Haverhill, Massachusetts

BOSTON, MASSACHSETTS (May 27, 2021) – Ed Riekstins, senior vice president/managing director and Daniel Karp, vice president of NorthMarq’s Boston office, completed acquisition financing of $2.46 million for 37,000 sq. ft. industrial property located at 30 Bond Street in Haverhill, Massachusetts. NorthMarq arranged long-term financing for the borrower through its correspondent relationship with a life insurance company.

 

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.