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Posted: July 21, 2008
VanIseghem of NorthMarq arranges $800,000 mtge. for NBT
Nancy VanIseghem, VP of NorthMarq Capital, Inc.'s upstate regional office, arranged first mortgage financing in amount of $800,000 for a branch of NBT Bank on 331 Main St. The property contains 8,000 s/f and is occupied by Norwich Bank and Trust. Financing was based on a 15-year term and a 15-year amortization schedule and was arranged for the borrower by NorthMarq through its correspondent relationship with Security Mutual Life Insurance Company of New York.
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