NORTHMARQ ARRANGES $18 MILLION MULTIFAMILY LOAN

NEW YORK CITY — NorthMarq Capital has arranged $18 million in Freddie Mac financing for 2161-2169 Broadway, a 76-unit apartment property located in Manhattan, New York City. The loan carries a 10-year term and a 30-year amortization schedule. Craig Bjornsund of NorthMarq's New York Metro regional office secured the loan on behalf of the borrower, Colorado Associates.