Multifamily
Debt & Equity

NorthMarq Capital’s Rochester office arranges $2.245 million acquisition financing for Mobile Home Park in Upstate, New York

ROCHESTER (June 19, 2017) Michael James, vice president of NorthMarq Capital’s Rochester regional office, negotiated the acquisition financing of $2,245,000 for a 124-pad mobile home park property located in Upstate, New York. The borrower used Freddie Mac’s competitive loan program to acquire the property.

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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Mobile Home Park
Debt
$2,245,000