NorthMarq Capital Secures $36.2M Construction Loan for Apartment Project in New Hampshire

LONDONBERRY, N.H. — NorthMarq Capital has arranged a $36.2 million construction loan for a multifamily property located in Londonberry. Mark Whelan of NorthMarq Capital secured the financing for the undisclosed borrower. The borrower plans to develop a 228-unit multifamily property, with a portion of the units designated as workforce housing. The financing terms include a permanent option at stabilization.