PHILADELPHIA (April 8, 2013) – Michael Aylmer, assistant vice president of NorthMarq’s Philadelphia regional office, arranged first mortgage refinancing of $1.187 million for Lafayette Townes, an 11-unit, market-rate multifamily property located at 408 West Lafayette Street in West Chester, Pennsylvania. Financing was based on a 5-year term and a 30-year amortization schedule. NorthMarq arranged this financing for the borrower through its relationship with a local bank.
Multifamily -
Debt
