News: Brokerage

VanIseghem of NorthMarq completes $2.45m in financing for the Inn on Broadway

Nancy VanIseghem of NorthMarq Capital, Inc.'s upstate New York regional office, arranged first mortgage financing of $2.45 million for Inn on Broadway. The subject property includes a 23-room boutique hotel located in the central business district. The property also includes Tournedos Steakhouse, which has quickly achieved status as one of the area's finest dining establishments, providing outstanding food and service in an intimate atmosphere. Financing for the borrower was arranged by NorthMarq through its relationship with Canandaigua National Bank. NorthMarq Capital, a national real estate investment banker headquartered in Minneapolis with 28 regional offices coast-to-coast, provides commercial real estate debt and equity financing and commercial loan servicing. NorthMarq Capital provides more than $13 billion in annual production volume and services a loan portfolio of more than $34 billion.
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Residential real estate consultancy and brokerage firm Nancy Packes, Inc. rebrands as NPI

Manhattan, NY The NYC-based premier residential real estate consultancy and brokerage firm, Nancy Packes Inc., has rebranded as NPI. Helmed by Seth Rosner, most recently the firm’s managing partner and now president, the company has been intricately involved in hundreds of Tri-State new developments and conversions, spearheading the full project life cycle, from assessment/pre-dev.
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