NorthMarq Capital’s Atlanta office arranges $9.4 million acquisition financing for New Hanover Regional Medical Office in Jacksonville, North Carolina
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.
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.
