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Finance
Posted: September 10, 2009
Nickerson of NorthMarq arranges $6.314 million mortgage financing
Doug Nickerson, vice president of NorthMarq's Boston regional office, arranged mortgage financing of $6.314 million for Crystal Village.
The loan was arranged for the buyers by NorthMarq through its affiliate AmeriSphere Multifamily Finance LLC, a Fannie Mae DUS lender.
Crystal Village is located at 3 Commonwealth Ave. This 91 unit apartment building is comprised of 10 residential buildings and a leasing office. The property features a basketball court; fitness center; heated indoor pool; laundry facility; outdoor grilling and picnic area; and a tennis court. The units feature air conditioning, eat-in/fully-equipped kitchen, private balcony/patio, walk-in closets and wall-to-wall carpeting.
NorthMarq offers a full range of commercial real estate solutions across the country from its headquarters in Minneapolis, Minn. The NorthMarq Capital group offers commercial real estate investment banking, investment sales, real estate debt and equity financing, and commercial loan servicing in 32 offices coast-to-coast, averaging $10 billion in annual production volume and servicing a loan portfolio of more than $37 billion. NorthMarq Real Estate Services provides brokerage, property management and healthcare advisory services to investors and space users, and through its Corporate Solutions division, provides mid-size corporate users real estate services nationwide. For more information, please visit www.northmarq.com.
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