NorthMarq Capital’s Atlanta office arranges $9.4 million acquisition financing for New Hanover Regional Medical Office in Jacksonville, North Carolina
New Hanover Regional Medical Office
ATLANTA (February 28, 2018) – Will James, vice president of NorthMarq Capital’s Atlanta regional office, arranged acquisition financing of $9.4 million for New Hanover Regional Medical Office, a 50,000 sq. ft. property located in Jacksonville, North Carolina. The transaction was structured with a 3-year term with four 1-year options. NorthMarq arranged financing for the borrower through its relationship with a national bank’s healthcare team. New Hanover Regional Medical is an investment grade credit tenant. “New Hanover Regional is expanding its market by leasing the building to attract and incubate service providers in the Jacksonville market,” noted 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.