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