NorthMarq Capital’s Chicago office arranges $8.45 million refinance for Park Lake Center in Naperville, Illinois
Park Lake Center
CHICAGO (July 27, 2016) – Jeff Frankel, senior vice president/senior director of NorthMarq Capital’s Chicago-based regional office, arranged refinancing of $8.45 million for Park Lake Center, a 131,284 sq. ft. office property located in 184 Shuman Blvd, Naperville, Illinois. NorthMarq arranged financing for the borrower through its relationship with a national bank. Park Lake Center is a class “A”, five-story office building owned and managed by PANCOR Construction & Development, LLC.
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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.
