Northmarq completes $14 million refinance of Wilshire Carson Medical Building in Beverly Hills, California

Carson Medical Building
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LOS ANGELES, CALIFORNIA (October 21, 2021) – Ory Schwartz, senior vice president/managing director of Northmarq’s Los Angeles office, negotiated the $14 million refinance of Wilshire Carson Medical Building. The 54,388 sq. ft. class A- medical office building (built in 1987) is located at 8641 Wilshire Boulevard in Beverly Hills, California. The transaction was structured with a 10-year term on a 30-year amortization schedule. Northmarq secured the permanent-fixed loan for the borrower through its correspondent relationship with a life insurance company. 

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, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.Northmarq.com.

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