NORTHMARQ ARRANGES $5 MILLION MULTIFAMILY LOAN

by admin

NEW YORK CITY — The greater Westchester regional office of NorthMarq Capital has arranged $5 million in second-mortgage financing for two multifamily properties located in New York City. The properties consist of 31-33 Carmine St., which contains 20 residential units and three commercial spaces, and 41-43 Carmine St., which contains 35 residential units and four commercial units. The loan carries a 5.4-year term with a 30-year amortization schedule. Robert Ranieri of NorthMarq originated the financing on behalf of the undisclosed borrower through Freddie Mac.

You may also like