Arranges $3.4 Million Mortgage for Plaza Medical & Research Center II in Peoria, AZ
Plaza Medical & Research Center II
PHOENIX – NorthMarq Capital's Phoenix regional office, arranged first mortgage refinancing of $3.4 million for Plaza Medical & Research Center II, a 33,738 sq. ft. medical office building located at 13090 North 94th Drive in Peoria, Arizona. Financing was based on 10-year term and a 25-year amortization period. NorthMarq arranged this financing for the borrower, Plaza Medical and Research Center, Phase II, L.L.C., through its relationship with a life company lender.
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.