Office
Debt & Equity

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. 

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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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Meridian & Doral Offices
Permanent Loan - Fixed
$13,600,000