NorthMarq’s Boston office arranges $5.2 million refinance of Regency Square, in Indiana, Pennsylvania
BOSTON, MASSECHETTS (February 22, 2021) –Ed Riekstins, managing director and Daniel Karp, vice president of NorthMarq’s Boston office, completed the $5.2 million refinance of Regency Square. The property is a grocery anchored retail center. It has more than 200,000 sq. ft., and it located near Indiana University of Pennsylvania. NorthMarq secured financing for the borrower through its correspondent relationship with a life company lender.
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.
