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.
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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.
