Northmarq’s Boston office completes $9.05 million refinance of The Mills of Keene in Keene, New Hampshire
Student Housing Property
BOSTON, MASSACHUSETTS (September 28, 2021) – Ed Rieksins, senior vice president/managing director and Daniel Karp, vice president of Northmarq’s Boston office arranged the $9.05 million refinance of The Mills of Keene. The 229-bed student housing property (built in 2014) is located at 81 Ralston Street in Keene, New Hampshire. The transaction was structured with long-term financing on a 30-year amortization schedule. Northmarq negotiated the permanent-fixed loan for the borrower through its relationship with a national bank.
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.