NORTHMARQ CAPITAL SECURES LOAN FOR CAMPUS VIEW APARTMENTS

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ALBANY, N.Y. — Charles Cotsalas of NorthMarq Capital’s Long Island regional office and Ernest DesRochers of NorthMarq Capital’s New York Metro regional office have arranged $2.8 million in first mortgage financing for the Campus View Apartments in Albany. The multifamily property contains 114 units. Financing was based on a 10-year term with a 5-year rate review and a 30-year amortization schedule. The loan was arranged for the borrower, Campus View II Apts., LLC.

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