NORTHMARQ SECURES $5 MILLION MORTGAGE FOR MARINA

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QUINCY, MASS. — The Boston office of NorthMarq Capital has secured $5 million in mortgage financing for Bay Pointe Marina, a 271-slip marina located in Quincy. The facility features on-site winter boat storage, an indoor repair facility, an at-dock gas stations and a new marina clubhouse. The marina also contains Inn at Bay Pointe, a restaurant with banquet facilities and outdoor decking. Debbie Orloff arranged the loan on behalf of the owners of NorthMarq through The Bank of New England.

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