Debbie Orloff, senior vice president of NorthMarq's Boston regional office, arranged permanent mortgage financing of $10 million for Jiminy Peak Mountain Resort. The loan was arranged for the borrowers by NorthMarq through its relationship with Berkshire Bank.
Jiminy Peak is one of the largest ski and snowboard resorts in southern N.E., summer home to Mountain Adventure Park and the only mountain resort in North America to generate its own energy using alternative wind power. Jiminy features extensive conference and wedding facilities for groups up to 400 people.
Since opening in 1948 Jiminy Peak has evolved to become a 4 season resort, offering something for everyone.
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.