NORTHMARQ ARRANGES $31.3M IN COMBINED MORTGAGES

LITTLE FERRY, N.J. — NorthMarq Capital has arranged a $31.3 million loan for the refinancing of North Village I and II in Little Ferry. North Village I contains 160 market-rate apartment units and North Village II contains 248 units. Robert Ranieri and Greg Nalbandian of NorthMarq Capital arranged the seven-year loan through Freddie Mac.