Medical Office - Debt

NorthMarq Capital

NorthMarq Capital’s Los Angeles office completes $7.8 million refinance of medical office building in Anaheim, California

LOS ANGELES (November 3, 2017) – David Blum, senior vice president/senior director of NorthMarq Capital’s Los Angeles regional office, arranged the $7.8 million refinance of Walnut Grove Medical Building, a 40,597 sq. ft. medical office building located at 947 South Anaheim Boulevard in Anaheim, California. The transaction was structured with a 10-year interest-only term. The asset is positioned on an existing hospital campus and subject to a ground lease.

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.