$39.56 MILLION COMMERCIAL LOAN PORTFOLIO SELLS

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CHICAGO — NorthMarq Capital’s Chicago Regional office has completed the sale of ten well-performing seasoned commercial mortgage loans. The transaction was between two undisclosed institutional entities. The properties are located in Illinois, Minnesota, Wisconsin, Missouri, Ohio, California and Washington. The assets include an apartment community, a medial office property, an office property, two industrial properties and five retail properties. The size of the loans range from $2.27 to $7.96 million with 7 to 16 years of seasoning and remaining loan terms of 3 to 16 years. Jeff Frankel, Erik Kunz and Mike Sieman of NorthMarq arranged the transaction.

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