Skip to Content
Author: The BCW

Leave a Comment

NorthMarq Capital Donates $4,000 to Wartburg

NorthMarq Capital has donated $4,000 to Wartburg to support wellness programs in Friedrich’s affordable senior independent living facility. This grant was nominated by Robert Ranieri, managing director at NorthMarq’s Westchester office and Wartburg board member.

As part of a new initiative for 2018, NorthMarq created a fund to support organizations that focus on improving access to affordable housing or eradicating homelessness in the markets it serves for commercial real estate financing. This initiative is in alignment with NorthMarq owner, the Pohlad Companies’ expanded emphasis into these two focus areas.

Friedrich’s opened on Wartburg’s 34-acre campus in 2013, offering beautiful studio and one bedroom handicap-accessible apartments for the 62+ community of active seniors. Residents have access to amenities such as a sunlit multipurpose community room, a state-of-the-art fitness room, an expansive library, laundry on each floor and free assigned parking. The first ever Leadership in Energy & Environmental Design certified building in Mount Vernon boasts bamboo floors and individually thermostatic heating and air-conditioned units. Over 60 percent of the original tenants continue to enjoy a full calendar of activities and support services provided. Rents range from $752 – $1,085 depending on income and unit availability.

“We are honored to receive this donation from NorthMarq Capital. It will help us to continue our work on wellness, aging in place and lifelong learning,” says Dr. David Gentner, Wartburg’s President and CEO. NorthMarq’s grant will support wellness programs that include exercise classes, line dancing and other creative programs aimed at promoting increased emotional health, social engagement and lifelong learning for seniors.

“I am proud that NorthMarq recognizes the importance of supporting non-profits that help support affordable housing and I am personally pleased that Wartburg was a well-deserved recipient of these funds that will help the residents of Friedrichs,” said Wartburg Board member, Robert Ranieri, and facilitator of the grant.

NorthMarq has since awarded $50,000 to non-profit organizations nominated by employees in 10 of its markets.

http://www.wartburg.org/www.wartburg.org

 

Similar Member News Items

The Osborn Pavilion in Rye has been recognized as a “Best Nursing Home” for 2024 by U.S. News & World Report, receiving a 5/5 overall rating. It is one of only four skilled nursing facilities in Westchester County to achieve a High Performing rating in both the Short-Term Rehabilitation and Long-Term Care categories. U.S. News […]

Read Article

    Tomorrow, Dec 1st at 11:30 am join me LIVE on Zoom for my FREE 45-minute “Instagram for Beginners” crash course. You’ll learn all of my best strategies for: * How to have a great profile * the BEST content to post * How to write great captions with hashtags * How to gain […]

Read Article

Ronald McDonald House of the Greater Hudson Valley (RMHGHV) recently announced their partnership for the upcoming holiday season with American Christmas by MK Illumination in Mt. Vernon. This marks the second year for this collaboration and will include a RMHGHV event to be held on Saturday, December 16th at Holiday Lane at American Christmas. Guests […]

Read Article

Become A Member

Join the county’s largest and most influential business organization today.

JOIN NOW!
The Business Council of Westchester is committed to helping businesses market, learn, advocate, and grow. Over 80 events and programs are offered every year, giving our members ample opportunity to connect and meet with businesses representatives in the Westchester community and beyond.
Back to top