$44 MILLION MULTIFAMILY LOAN ARRANGED IN WOODRIDGE, ILL.

WOODRIDGE, ILL. — NorthMarq Capital has arranged $44 million in first mortgage financing for AMLI Seven Bridges, a 520-unit multifamily complex located at 6566 Double Eagle Dr. in Woodridge. Financing was based on a 10-year term with a 30-year amortization schedule. The loan was arranged for the borrowers, AMLI and NREA, by NorthMarq through its affiliate AmeriSphere Multifamily Finance, a Fannie Mae DUS lender. Frank Relihan, Kenneth Gentzel and Gary McGlynn of NorthMarq Capital represented the borrowers in the transaction.