NORTHMARQ ARRANGES $17M LOAN FOR REFINANCING OF CHURCH SQUARE SOUTH

HOBOKEN, N.J. — NorthMarq Capital has arranged $17 million in refinancing for Church Square South, two affordable-housing properties totaling 81 units in Hoboken. Gary Cohen, senior vice president/senior director of NorthMarq Capital’s New Jersey office arranged the 12-year loan, which includes a 30-year amortization schedule, through a local bank.