NORTHMARQ CAPITAL ARRANGES $1.5 MILLION MULTIFAMILY LOAN

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NEW YORK CITY — NorthMarq Capital has arranged $1.5 million in first-mortgage financing for 103 Thayer Street, a 68-unit multifamily property located in New York City. The building also contains six commercial spaces. The loan carries a 10-year term with a 1-year fixed-to-float option and a 30-year amortization schedule. Robert Ranieri of NorthMarq’s Capital Services Group East arranged the financing on behalf of the borrower, 103 Thayer St. LLC. The lender was Freddie Mac.

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