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."
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
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
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
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.