March 06, 2009 -
Front Section
Craig Bjornsund, senior VP and managing director of NorthMarq Capital's New York metro regional office, arranged $4.1 million in first mortgage financing for Delco Plaza of Winchester, a 162,900 s/f community shopping center. Financing was based on a 10-year term and a 20-year amortization schedule and was arranged for the borrower, Delco Development Co. of Winchester, by NorthMarq through its correspondent relationship with Sun Life of Canada.