Medical Office - Debt

NorthMarq Capital arranged $1.575 million mortgage for Omega Health Building in Birmington, Alabama

MIAMI LAKES (August 12, 2013) – Jeff Robertson, senior vice president and managing director of NorthMarq’s Miami Lakes regional office arranged first mortgage refinancing of $1.575 million for the Omega Health Building located at 250 State Farm Parkway in Birmingham, Alabama. This asset is a medical office building containing 10,000 sq. ft. of office space. Financing was based on a 2-year term with a 3-year extension option. NorthMarq arranged this financing for the borrower through its relationship with a regional bank.

Northmarq is an industry-leading capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with an open, flexible structure, enabling our team of seasoned professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of over $30 billion, and loan servicing of nearly $70 billion.