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Posted: April 22, 2013
Aylmer of NorthMarq arranges $1.187 million first mortgage refinancing
Michael Aylmer, assistant vice president of NorthMarq's Philadelphia regional office, arranged first mortgage refinancing of $1.187 million for Lafayette Townes, an 11-unit, market-rate multifamily property located at 408 West Lafayette St. Financing was based on a five-year term and a 30-year amortization schedule. NorthMarq arranged this financing for the borrower through its relationship with a local bank.
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