Mixed Use - Debt

NorthMarq Arranges $26.35 Million in Financing for Mixed-Use Project in South Boston, MA

BOSTON, MASSACHUSETTS (September 30, 2021) – Ed Riekstins, senior vice president/managing director and Daniel Karp, vice president of NorthMarq’s Boston office, structured $26,350,000 in financing for The Distillery and The Distillery North, a 185,526 sq. ft. mixed-use property located in South Boston, MA. NorthMarq arranged the long-term, permanent-fixed loan on behalf of the borrower through its relationship with a regional bank.

Northmarq is an industry-leading capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with an open, flexible structure, enabling our team of seasoned professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of over $30 billion, and loan servicing of nearly $70 billion.