REBusinessOnline

NORTHMARQ SECURES $2 MILLION FOR MULTIFAMILY REFINANCE

CICERO, N.Y. — The Upstate New York regional office of NorthMarq Capital has secured approximately $2 million in first-mortgage financing for New Country Village, a 48-unit multifamily property located in Cicero. Michael James of NorthMarq originated the loan, which includes a 10-year fixed term plus 1-year floating and a 30-year amortization schedule. The undisclosed borrower utilized the Streamlined Refinance Program of the lender, Freddie Mac, in completing the transaction.

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

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