Northmarq Debt + Equity team arranges construction loan for Philadelphia mid-rise apartments
Philadelphia Apts
Northmarq’s Philadelphia Debt + Equity team led by John Banas and Kris Wood successfully arranged a Phase II Construction loan for 72 multifamily units, 5,170 commercial square feet, and 124 bicycle stalls located in Philadelphia, Pennsylvania, on behalf of their client.
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About Northmarq
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.
