NorthMarq Capital’s Boston office arranges $2.5 million refinance of office portfolio in Burlington, Massachusetts
Office Portfolio
BOSTON (June 26, 2017) Michael Chase, senior vice president, and Ed Riekstins, managing director of NorthMarq Capital’s Boston regional office, arranged refinancing of $2,500,000 for a 52,075 sq. ft. office property located in Burlington, Massachusetts. The transaction was structured with a long-term fixed rate and a flexible prepayment penalty. NorthMarq arranged financing for the borrower through its relationship with a local bank.
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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.
