News:
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."
Tags:
Brokerage
MORE FROM Brokerage
Highcap and Newmark sell $18.5 million four-building midtown portfolio
Manhattan, NY Josh Goldflam, co-founder and principal of Highcap Group, along with Brian Ezratty and Scott Ellard of Newmark have arranged the sale of a four-building portfolio
 (2).gif)
Quick Hits
Columns and Thought Leadership
Hunt CRE question and answer: Choosing a real estate agent - by David Hunt
First, we will only work with one agent exclusively. The primary reason is that we want that agent to legally represent our client’s interests. In New York State, a real estate agent has a fiduciary
Hunt commercial real estate question and answer: Fortune 500 wisdom - by David Hunt
Yes, there are lessons to be learned from the largest companies in America when comes to managing your real estate. But the decision to buy or lease real estate may not be one of
The art of investing in real estate - by Thomas Donovan
Real estate investing is as much an art as it is a skill. No one can time the market, or the factors that drive it, perfectly. Location, zoning, size, transportation, and neighborhood density give you a baseline for
New York’s streets are full again, and the retail numbers prove it - by Noam Aziz
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.
.gif)