Northmarq’s Debt + Equity team arranges $4.9M financing for manufactured housing property in Philadelphia, PA
Northmarq’s Philadelphia Debt + Equity team led by John Banas and Kris Wood successfully arranged $4.9 million in financing for 5904-08 Germantown Ave located in Philadelphia, Pennsylvania, on behalf of their client.
5904-08 Germantown is a multifamily housing property featuring 28 units.
“This is a great client and a great lender,” Banas said. “We are all looking forward to a long relationship moving forward.”
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Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.