Northmarq’s Houston office arranges acquisition financing for Accredo in Orlando, Florida
Accredo
HOUSTON, TEXAS (February 28, 2022) – Chad Owens, senior vice president of Northmarq’s Houston office, arranged acquisition financing of for Accredo. The 63,000 sq. ft. class A medical office (built in 2006) is located at 6252 Lee Vista Blvd in Orlando, Florida. The transaction was structured with a 5-year term with 1.5 years of interest only followed by a 30-year amortization schedule. Northmarq secured the bridge loan for the borrower through its relationship with a bridge/mezzanine lender.
About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.