Medical Office - Debt

NorthMarq Capital

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.

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 $13 billion, loan servicing portfolio of more than $55 billion and the multi-year tenure of our more than 500 people.