Multifamily - Debt


NorthMarq’s Jeffrey Munoz arranges acquisition/construction financing for multifamily property in Boston’s Jamaica Plain neighborhood

BOSTON (May 13, 2019) – Jeffrey Munoz, vice president of NorthMarq’s Boston-based regional office, negotiated acquisition financing for a construction loan for 101 Heath Street, a 9-unit multifamily property located in the Jamaica Plain neighborhood of Boston. The transaction was structured as a 2-year term with interest-only payments. NorthMarq arranged the financing for the borrower through its relationship with a private bridge lender. 

 

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.