NORTHMARQ CAPITAL ARRANGES $9.1 MILLION MORTGAGE

by admin

READING, PA. — NorthMarq Capital has provided a $9.1 million in first mortgage financing for Exeter Plaza in Reading. The 128,000-square-foot neighborhood shopping center includes tenants such as Blockbuster and is anchored by a Giant Grocery Store. David Henrich of NorthMarq Capital’s Philadelphia office arranged the financing for the borrower, Exeter Plaza Associates. The loan was base done a 10-year term with a 30-year amortization schedule.

You may also like