REBusinessOnline

NORTHMARQ ARRANGES $5 MILLION MULTIFAMILY LOAN

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.

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

Subscribe to the newsletter
Conferences


Webinars on Demand


Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties