Atlanta (December 13, 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.
About NorthMarq Capital
NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S, provides debt, equity and commercial loan servicing through offices across the U.S. 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. The company services a loan portfolio of more than $52 billion and has over 300 loan origination experts in regional offices coast-to-coast. For more information please visit www.northmarq.com.
Connie Dozier
The Dozier Company
connie@thedoziercompany.com
214.632.7615
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