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.

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through over 300 mortgage banking professionals in regional offices coast-to-coast and services a loan portfolio of more than $52 billion. In select markets, the company offers multifamily and manufactured housing investment sales through NorthMarq Multifamily. As a leader in capital solutions through long-term relationships with life companies, CMBS platforms and local, regional and national banks, the company also has a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. For more information please visit www.northmarq.com.