NorthMarq Capital's Boston office arranges $4.5 million refinance of flex warehouse property in Willowbrook, Illinois
Flex Warehouse Property
BOSTON (September 29, 2014) – James M. Murphy, Managing Director of NorthMarq Capital’s Boston based office arranged the $4.5 million refinance of a 50,157 sq.ft. flex industrial warehouse located at 7100 Madison Street in Willowbrook, Illinois. The commercial mortgage transaction was structured with a 5-year term and 25-year amortization schedule. “This transaction was yet another example of the national reach of the NorthMarq Capital platform,” said Murphy. “We were pleased to be able to assist a Boston based equity fund client with their out-of-market loan request and to be able to meet the client’s needs for full leverage with maximum prepayment flexibility.”
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.
