NorthMarq’s White Plains and Denver offices arrange $5.6 million refinance of UCHealth Emergency Room in Arvada, Colorado

UCHealth Emergency Room
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WHITE PLAINS, NEW YORK (March 12, 2019) – Robert Ranieri, senior vice president/managing director of NorthMarq’s White Plains-based regional office collaborated with a David Link, senior vice president/managing director of NorthMarq’s Denver-based regional office to secure the $5.6 million refinance of UCHealth Emergency Room, a 7,748 sq. ft. medical office property located at 15240 West 64th Avenue in Arvada, Colorado. The transaction was structured with a 17.5-year fully-amortizing term. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. University of Colorado Hospital Authority represents the property’s major tenant. 

“Financing was provided on a long-term self-amortizing basis to satisfy the owner’s 1031 needs,” explained Ranieri. 

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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.
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