NorthMarq Capital’s Miami office arranges $13.6 million permanent loan for Meridian & Doral Offices in Doral, Florida
Meridian & Doral Offices
MIAMI (September 7, 2018) – Jeff Robertson, senior vice president/managing director of NorthMarq Capital’s Miami regional office, arranged the $13.6 million refinance of Meridian & Doral Offices, a 156,978 sq. ft. worth of office property located at 815 NW 57th Avenue and 3401 NW 82nd Avenue in Doral, Florida. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. The permanent-fixed loan was structured with a 10-year term with 3-years of interest-only followed by a 30-year amortization schedule.
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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.
