Office - Debt

NorthMarq Capital’s Miami office arranges $13.6 million permanent loan for Meridian & Doral Offices in Doral, Florida

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. 

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.