Northmarq Capital arranges $17.2 million refinance for Pasadena Clinical Physicians Neuroscience Center in Pasadena, California
Pasadena Clinical Physicians Neuroscience Center
LOS ANGELES (March 18, 2014) – Ory Schwartz, senior vice president/managing director of NorthMarq Capital’s Los Angeles based regional office arranged refinancing of $17.2 million for Pasadena Clinical Physicians Neuroscience Center, a 49,652 sq.ft. medical office building located at 630 South Raymond Avenue, Pasadena, California. The transaction was structured with a 10-year term and 30-year amortization schedule and was arranged for the borrower through NorthMarq’s relationship with an investment management firm.
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.
