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Brokerage
Posted: May 13, 2013
VP DeVinney of NorthMarq arranges $7.27 million in financing
Scott DeVinney, VP of NorthMarq's Rochester regional office, arranged refinancing totaling $7.27 million. A first mortgage refinancing of $2.62 million for 7 Wells St. and $4.65 million for 260 Broadway. The office buildings total 49,682 s/f. Financing was based on a 10-year term and a 25-year amortization schedule. NorthMarq arranged this financing for the borrower through its relationship with a regional bank.
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