REBusinessOnline

NORTHMARQ ARRANGES $5.35 MILLION INDUSTRIAL LOAN

BALTIMORE — Kenneth Gentzel of NorthMarq Capital’s Washington, D.C., office and Joseph Burke of the company’s Baltimore office have arranged $5.35 million in first mortgage financing for the acquisition of a 100,000-square-foot flex facility in Baltimore. Financing for the property, which is located at 5601 Metro Dr., was based on a 10-year term, with a 30-year amortization schedule. The loan was arranged by NorthMarq through its relationship with Woodmen of the World Life Insurance Society. The borrower was not disclosed.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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