NORTHMARQ ARRANGES $19M FINANCING FOR MD. RETAIL CENTER

by admin

OCEAN CITY, MD. — NorthMarq has secured $19 million in first-mortgage financing for the 197,000-square-foot White Marlin Mall, located at 12641 Ocean Gateway in Ocean City. Bill Libercci of NortMarq's Baltimore office arranged the financing on behalf of the borrowers, a joint venture between Greenberg Gibbons and Prudential Real Estate Investors, through Goldman Sachs Commercial Mortgage Capital — CMBS.

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