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 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.
