NORTHMARQ ARRANGES $12.2 MILLION INDUSTRIAL LOAN IN ILLINOIS

by admin

AURORA, ILL. — NorthMarq Capital has arranged $12.2 million in first mortgage financing for Excel I, an industrial building in Aurora. The 650,000-square-foot building is located at 2580 Prospect Court. Financing was based on a 10-year term and a 25-year amortization schedule. James Hoopes and Erik Kunz of NorthMarq secured the financing for the borrower through NorthMarq's correspondent relationship with Aviva Life and Annuity Co.

You may also like