NorthMarq’s Boston office arranges acquisition financing of $2.724 million for Berkshire Street Apartments in Cambridge, Massachusetts
BOSTON, MASSACHUSETTS (December 12, 2020) – Jeffrey Munoz, vice president of NorthMarq’s Boston office secured acquisition financing of $2.724 million for Berkshire Street Apartments. The 6-unit multifamily property is located at (insert address here). The transaction was structured with a 5-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with regional bank.
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.