NorthMarq Arranges $46M Financing for Maryland M-F
- Jul 21, 2008
NorthMarq Capital Inc.’s Washington, D.C., office arranged a $46 million senior mortgage acquisition financing for the The Park at Kingsview, a 326-unit multi-family property in Germantown, Md. Christopher Feeley and Gary McGlynn, both serving as NorthMarq’s senior vice presidents & managing directors, along with the firm’s vice president Frank Relihan arranged the financing, which was based on a seven-year term and was arranged for the borrower through NorthMarq’s seller-servicer relationship with Freddie Mac. NorthMarq Capital provides more than $11.8 billion in annual production volume and services a loan portfolio of more than $36.5 billion.