85
GARDEN CITY, N.Y. — NorthMarq Capital has arranged $1.05 million in second mortgage financing for the 191-unit Cherry Valley Apartments, located in Garden City. Robert Ranieri and Charles Cotsalas of NorthMarq's Long Island office and Ernest DesRochers of NorthMarq's New York City office arranged the financing, which is coterminous with the first mortgage, with a 30-year amortization schedule through Freddie Mac.