News: Long Island
Posted: December 18, 2009

NorthMarq Capital arranges $8 million mortgage

Charles Cotsalas, senior vice president and senior director and Ernest DesRochers, senior vice president and managing director of NorthMarq Capital's (NorthMarq) Long Island Regional office, arranged an $8 million first mortgage financing for the Villas at Medford, a 66-unit multifamily property. Financing was arranged for the borrower by NorthMarq through its seller-servicer relationship with Freddie Mac.
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