January 3, 2018

NorthMarq Capital’s Boston office finances two transactions totaling $1.625 million

Two Multifamily Properties

Debt & Equity

Multi-Tenant

BOSTON (January 3, 2018) – Edward Riekstins, managing director and Michael Chase, senior vice president of NorthMarq Capital’s Boston regional office, negotiated refinancing totaling $1,625,000 for two separate multifamily properties in Massachusetts. The properties are located in Cambridge and Revere, Massachusetts. These deals were structured with long-term fixed-rate financing and also included a credit facility for the borrower to easily access capital for future acquisitions. NorthMarq arranged financing for the borrower through its relationship with a regional bank.

Available Multifamily properties

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.