NorthMarq’s Baltimore office places financing for Twin Coves Apartments in Glen Burnie, Maryland
BALTIMORE (December 19, 2018) – Joseph Burke, executive vice president/managing director of NorthMarq’s Baltimore regional office, arranged the refinance of Twin Coves Apartments, a 132-unit multifamily property located in Glen Burnie, Maryland. The permanent-fixed rate loan was arranged for the borrower through NorthMarq’s in-house FHA/HUD financing team.
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.