Property Types Multi-Family
NorthMarq Mortgage for River West Lofts in Chicago
May 7, 2008

Sue Blumberg, senior vice president and managing director of NorthMarq Capital Inc.’s Chicago Regional office, arranged third mortgage financing of $3.9 million for River West Lofts, a 158-unit multi-family property, located in Chicago, Ill. Financing was based on a 6-year term with a 30 year amortization schedule and will run co-terminus with the first and second mortgages. This financing was arranged for the borrower, River West Lofts Limited Partnership, by NorthMarq through relationship with Freddie Mac.

 
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