Mixed Use
Debt & Equity

NorthMarq arranges 65 percent LTV refinance of State Street & Fort Hill mixed-use portfolio in Boston, Massachusetts

BOSTON, MASSACHUSETTS (April 30, 2020) – Jeff Munoz, vice president in NorthMarq’s Boston office secured the refinancing of State Street & Fort Hill mixed-use portfolio, located in Boston, Massachusetts. The property contains 4,760 sq. ft. The permanent-fixed non-recourse loan (65% LTV) was structured with a 7-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a local credit union. 

“The loan is cross-collateralized by a retail condo on State Street and a multifamily property in the Fort Hill neighborhood of Roxbury,” said Munoz.

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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Mixed-Use Portfolio
Permanent Loan - Fixed