Brown of NorthMarq arranges $9 million refinance of 93-bed living facility
Ed Brown, managing director of NorthMarq's Philadelphia regional office, arranged a $9 million refinance for the Alexandria Manor Assisted Living Facility, located at 7 South New St. The 93-bed senior housing property was structured with a five-year term and a 25-year amortization schedule. NorthMarq arranged the financing for the borrower through its relationship with a regional bank.
Brooklyn, NY Investment Property Realty Group (IPRG) closed the sale of 247 Leonard St., a multi-family building located in the Williamsburg section of the city, for $2.175
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking
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You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Walk down any New York block this year and you can feel it. The sidewalks are crowded, the storefronts are lit, and the energy that defines this city is back at full volume.