ROCHESTER, NEW YORK (November 11, 2019) – NorthMarq’s Rochester office announced the $1 million refinance of a Rite Aid located in Ashland, Pennsylvania. The property contains 10,000 sq. ft.
The permanent-fixed loan was structured with a 3-year term on a 20-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.