NorthMarq Capital’s Rochester office arranges $7 million refinance for Medical Office Building in Upstate, New York
Medical Office Building
ROCHESTER (June 13, 2017) Michael James, vice president of NorthMarq Capital’s Rochester regional office, negotiated the refinance of $7,000,000 for a 113,883 sq. ft. medical office property located in Upstate, New York. The transaction was structured as a long-term fixed rate loan. “The property is a well located medical facility, serving the needs of a large client base,” said James.
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.