NorthMarq Capital’s Boston office arranges $2.5 million refinance of office portfolio in Burlington, Massachusetts
Office Portfolio
BOSTON (June 26, 2017) Michael Chase, senior vice president, and Ed Riekstins, managing director of NorthMarq Capital’s Boston regional office, arranged refinancing of $2,500,000 for a 52,075 sq. ft. office property located in Burlington, Massachusetts. The transaction was structured with a long-term fixed rate and a flexible prepayment penalty. NorthMarq arranged financing for the borrower through its relationship with a local bank.
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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.
