NorthMarq Capital’s Atlanta office secures $5.719 million acquisition financing of Wake Forest Baptist Surgery Center in Clemmons, North Carolina

Wake Forest Baptist Surgery Center
Debt & Equity
Multi-Tenant
Medical Office
Permanent Loan - Fixed
Bank
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ATLANTA (November 28, 2018) – Will James, vice president of NorthMarq Capital’s Atlanta regional office arranged acquisition financing of $5.719 million for Wake Forest Baptist Surgery Center, a 12,500 sq. ft. surgery center located in Clemmons, North Carolina. The transaction was structured with a 5-year term with 4-years of interest only followed by a 30-year amortization schedule. NorthMarq arranged the permanent-fixed loan for the borrower, Healthcare Realty Solutions, through its relationship with a regional bank. The property’s major tenant is Wake Forest Baptist Regional Medical Center. 

“The client specializes in stabilized single-tenant and value-add multi-tenant medical offices, surgery centers and out-patient clinics,” noted James. 

Click here to see the story as it appeared in Healthcare Real Estate Insight!

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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.
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