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