News: Connecticut

James of NorthMarq Capital arranges $26m mortgage financing

Michael James, vice president of NorthMarq Capital, Inc., has arranged $26 million in commercial real estate mortgage financing for Southbury Plaza. The financing was placed through NorthMarq's correspondent relationship with Sun Life Assurance Company of Canada. Southbury Plaza is a 300,000 s/f retail plaza anchored by Stop &Shop, K-Mart and Borders Books. NorthMarq, a national real estate investment banker headquartered in Minneapolis with 29 regional offices coast-to-coast, provides commercial real estate debt and equity financing and commercial loan servicing. NorthMarq provides more than $11.8 billion in annual production volume and services a loan portfolio of more than $36.5 billion.
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Highcap Group brokers $41.1 million sale of two building multifamily portfolio

Norwalk, CT Highcap Group has completed the sale of two luxury multifamily properties with a total of 120 units for a combined purchase price of $41.4 million.

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