August 16, 2017

NorthMarq Capital’s Rochester office arranges $2.65 million for the refinance of a multifamily property in Upstate, New York

Multifamily Property

Debt & Equity

Multi-Tenant

ROCHESTER (August 14, 2017) Sam Berns, senior vice president and managing director of NorthMarq Capital’s Rochester regional office, negotiated the refinance of a 46-unit multifamily property located in Upstate, New York for $2,650,000. “Freddie Mac was a pleasure to work with while completing the refinancing of a converted school building for work force housing.” said Berns.

Available Multifamily properties

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.