NORTHMARQ CAPITAL SECURES $1.8M LOAN FOR PITTSBURGH OFFICE BUILDING

PITTSBURGH — NorthMarq Capital has arranged a $1.8 million construction to permanent loan for Rivertech Office Works in Pittsburgh. Located at 3700 S. Water St., the building offers 12,000 square feet of office space. Scott DeVinney of NorthMarq Capital’s Rochester, N.Y., regional office arranged the 10-year loan, which features a 20-year amortization schedule, through NorthMarq’s relationship with a regional bank.