NorthMarq’s Rochester office secures $13.2 million bridge loan for multifamily portfolio in Rochester, New York
ROCHESTER, NEW YORK (September 26, 2019) – NorthMarq arranged the $13.2 million bridge loan for a multifamily portfolio located in Rochester, New York.
Financing Details:
- Refinance
- 3-year interest-only term
- NorthMarq arranged financing for the borrower through its relationship with a bridge/mezzanine lender.
Property Details:
- The subject property represents three Class A, mixed-use properties containing a combined 155,000 sq. ft.
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.
