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

Mobile Home Park
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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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.