NORTHMARQ CAPITAL ARRANGES $11.58 MILLION LOAN FOR MULTIFAMILY PROPERTY

BALDWINSVILLE, N.Y. — NorthMarq Capital has arranged an $11.58 million in refinancing of Center Point at Radisson, a 121-unit multifamily property located in Baldwinsville. The loan has a 10-year term and 30-year amortization schedule. Sam Berns of NorthMarq Capital’s Rochester, N.Y., office arranged the loan for the borrower through its seller/servicer relationship with Freddie Mac.