NorthMarq arranges $10.25 million bridge loan for Summit Office Campus in Lakeland, Florida
Summit Office Campus
ORLANDO, FLORIDA (January 22, 2020) – NorthMarq's Orlando-based regional office arranged bridge financing of $10,250,000 for the Summit Office Campus, a 129,729 sq. ft. office park located in Lakeland, Florida. The property was structured with a 2-year interest only term. NorthMarq arranged financing for the borrower through its relationship with JDI Realty, a private 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.