NorthMarq Capital arranges $1.35 million additional funding for The Woodlands Club in Falmouth, Maine
The Woodlands Club
BOSTON (July 2, 2014) – James Murphy, Managing Director of NorthMarq Capital’s Boston based regional office arranged an additional funding of $1.35 million for The Woodlands Club, a top New England golf course located at 39 Woods Road in Falmouth, Maine. The transaction was structured with a 5-year term and 15-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life company. “We appreciate the opportunity to continue our relationship with one of the top New England golf clubs and we were pleased that we were able to help them meet their capital needs,” said Murphy.
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.
