August 12, 2013

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

Omega Health Building

Debt & Equity

Multi-Tenant

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.

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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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