Facebook Twitter LinkedIn Google Plus RSS

NorthMarq finalizes $5.06M acquisition for Sussex apartments

By ,

Gary Cohen, senior vice president/senior director of NorthMarq Capital’s Parsippany-based office announced Monday he closed a $5.06 million loan for the acquisition of Regency Apartments, a 100-unit multifamily property in Sussex.

According to the announcement, the borrower worked exclusively with Cohen to finance the transaction with a local bank.  Financing was based on a 12-year term and 30-year amortization schedule at a 3.6 percent interest rate.


Barnabas to launch its own health insurance plan

Five N.J. companies earn praise for working well with women-owned businesses

Mack-Cali announces major leadership shakeup

More From This Industry

Emily Bader

Emily Bader

Emily Bader is the copy and web editor at NJBIZ. She is a Brielle, N.J. native and a Rutgers University alum. You can contact her at emilyb@njbiz.com.

Leave a Comment


Please note: All comments will be reviewed and may take up to 24 hours to appear on the site.

Post Comment
View Comment Policy


Subscribe to Our Newsletters!
Click Here to Subscribe for Free Now!