NORTHMARQ ARRANGES $11M LOAN FOR HOTEL IN ROCHESTER

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ROCHESTER, N.Y. — NorthMarq Capital has arranged $11 million in financing for the Hilton Garden Inn, located 155 East Main St. in Rochester. Financing was based on a seven-year term and a 25-year amortization schedule. Sam Berns, managing director at NorthMarq, arranged the financing for the borrower through a life insurance company.

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