Northmarq’s Debt + Equity team secures $12M refinancing for industrial warehouse in Long Island City, NY
Long Island City Industrial
Northmarq’s New York Metro Debt + Equity team led by Robert Delitsky and Eli Levenfeld successfully secured the $12 million refinancing of an industrial warehouse located in Long Island City, New York.
Northmarq arranged permanent-fixed financing on behalf of the borrower through a relationship with a commercial bank. The transaction was structured on a three-year term.
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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.
