Medical Office
Debt & Equity

Northmarq’s New York offices arrange $19.5 million refinance of Huntington Medical Center

NEW YORK (Oct. 4, 2023) — Robert Delitsky, senior vice president – managing director of Northmarq’s New York City office, and Charles Cotsalas, senior vice president of Northmarq’s Long Island office secured a $19.5 million loan for Huntington Medical Center. The 66,316 sq. ft. medical office building is located at 180 E. Pulaski Rd. in Huntington Station, Long Island. Huntington Medical Center is 100% leased to New York University for the Grossman School of Medicine. Northmarq arranged the loan through its correspondent relationship with 40|86 Mortgage Capital. View Northmarq’s financing services here.

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 and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

Long Island medical office property
Huntington Medical Center
Debt
$19,500,000