NORTHMARQ ARRANGES $1.5M MORTGAGE FOR PROSPECT PARK RETAIL PROPERTY

by admin

PROSPECT PARK, PA. — NorthMarq Capital has arranged a $1.5 million loan for the first mortgage refinancing of 800 Chester Pike, a 3,560-square-foot retail property in Prospect Park. Tenants include BP Gas Station and McDonald's. Matthew Kohlhoss of NorthMarq's Washington, D.C. office arranged the 15-year loan through a correspondent life insurance company. The borrower was 800 Chester Pike Realty LLC.

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