CHICAGO (June 11, 2015) – Sue Blumberg, senior vice president/managing director of NorthMarq Capital’s Chicago based regional office arranged the $19.44 million refinance of Twin Towers Apartments, two 22-story multifamily buildings with 253 units located in Chicago, Illinois. The transaction was structured with a 10-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its Fannie Mae DUS platform.
“Twin Towers continue to excel in the market, providing superior management and quality housing,” said Blumberg.