NORTHMARQ ARRANGES $60M REFINANCE LOAN FOR ARBORETUM LAKES OFFICE BUILDING

LISLE, ILL. — NorthMarq Capital has arranged a $60 million loan to refinance Arboretum Lakes, a 734,000-square-foot, Class A office park in Lisle located within Chicago’s East-West corridor. Jeff Cherner of NorthMarq Capital’s Chicago regional office structured the 10-year loan with a 25-year amortization schedule. NorthMarq provided financing for the borrower through its correspondent relationship with a life company.