NORTHMARQ CAPITAL ARRANGES $25.02 MILLION HEATHERGATE MORTGAGE

by admin

PHILADELPHIA — Gary McGlynn and Christopher Feeley of the NorthMarq Captial Washington D.C. regional office have arranged a $25.02 million mortgage for Heathergate in Philadelphia. Financing for the 202-unit, age-restricted multifamily property was based on a 5-year, interest-only term. NorthMarq arranged financing through its correspondent relationship with Allianz.

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