NorthMarq Capital’s Chicago office arranges refinancing of $42.2 million for Residences at 1550 in Mt. Prospect, Illinois

Residences at 1550

CHICAGO (August 9, 2016) – Sue Blumberg, senior vice president/managing director of NorthMarq Capital’s Chicago regional office arranged refinancing of $42,219,000 for Residences at 1500, a 509-unit multifamily property located in 1550 Dempster St, Mt Prospect, Illinois. NorthMarq arranged financing for the borrower through its seller-servicer relationship with Freddie Mac.

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:

NM Web Icon News Black

Join the mailing list