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Brokerage
Posted: November 24, 2014
Murphy of NorthMarq Capital completes $4.5 million refinance of Flex Whse.
James Murphy, managing director of NorthMarq Capital's Boston based office arranged the $4.5 million refinance of a 50,157 s/f flex industrial warehouse located at 7100 Madison St. 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."
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