Northmarq arranges $1.825 million in financing for Metro Lofts

Metro Lofts
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Date: June 6, 2022 Size: 21 units Location: Cleveland, Ohio Lender type: Bridge/Mezz Loan sub-type: Bridge loan Winning quote: Lender was able to provide 2 years interest-only, $240,000 in CapEx as value-add, and two 6-month extension options after initial period.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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