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NorthMarq Arranges $42M Refi for 509-Unit Asset
NorthMarq Capital arranged a $42.2 million refinancing loan on behalf of Village Green, for the 509-unit Residences at 1550 at 1550 W. Dempster St. in Mount Prospect, IL.
NorthMarq arranged the adjustable rate loan through Freddie Mac. The loan offers a seven-year term, with two-years of interest only and a 30-year amortization schedule.
- ◦Financing
