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