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NorthMarq Secures $1.7M Refinancing For Nantucket Office Building

Oct 18, 2013 | Reprints | Unlock Link | Print

NorthMarq’s Boston regional office has arranged refinancing of $1.7 million for the Albert G. Brock Building in Nantucket.

Financing for the 5,897-square-foot, multi-tenant office building, located at 53 Main St., was based on a 20-year term and a 20-year amortization schedule.

NorthMarq’s Doug Nickerson, vice president at the Boston regional office, arranged this financing for the borrower through a relationship with a correspondent life insurance company lender.

Commercial & Industrial