Riekstins and Chase of NorthMarq secure $3.89 million refinance

Edward Riekstins, NorthMarq Capital

Myrtle Street - Manchester, NH

Michael Chase, NorthMarq Capital

Manchester, NH Edward Riekstins, senior vice president, and Michael Chase, vice president of NorthMarq Capital’s Boston based regional office secured the $3.89 million refinance of three multifamily apartment properties on Prospect St., Myrtle St. and Elm St.  The combined properties total over 60 units. NorthMarq arranged the commercial mortgage financing for the borrower through its relationship with a local bank.

“The quality assets, prime location and experienced sponsorship were keys to this successful transaction,” said Chase.