NorthMarq Capital’s Boston office arranges acquisition financing of $3.91 million for industrial property in Upper Marlboro, Maryland
Industrial Property
BOSTON (January 31, 2018) – Michael Chase, senior vice president and Eric Raiche, investment analyst at NorthMarq Capital’s Boston regional office, arranged acquisition financing of $3.91 million for a 102,000 sq. ft. industrial property located in Upper Marlboro, Maryland. The transaction was structured with a full-term interest only loan with a flexible prepayment structure. NorthMarq arranged financing for the borrower through its relationship with a regional bank.
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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.
