Medical Office - Debt

NorthMarq Capital

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

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. 

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of $13 billion, loan servicing portfolio of more than $55 billion and the multi-year tenure of our more than 500 people.