Through its relationship with a local bank, the NorthMarq New Jersey team secured the 10-year loan on a 30-year amortization schedule at a fixed-rate of 5.7% on a non-recourse basis.
Mark Scott, co-managing director of the New Jersey office of NorthMarq tells GlobeSt.com, "the lender locked rate at application and continued to hold rate even in light of the market rate increase."
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