Cherner and Patel of NorthMarq Capital arrange $9.2 million financing
Jeff Cherner, senior vice president and senior director and Rup Patel, assistant vice president of NorthMarq Capital's Chicago Regional office, arranged first mortgage financing of $9.2 million for HMA Oncology Center, a 94,300 s/f medical office building.
Major tenants in the building are St. Anne's Hospital and Hawthorne Medical Associates.
Financing was based on a 10-year term and a 20-year amortization and was arranged for the borrower by NorthMarq through its relationship with a regional bank.
NorthMarq offers a full range of commercial real estate solutions across the country from its headquarters in Minneapolis, Minn. The NorthMarq Capital group offers commercial real estate investment banking, investment sales, real estate debt and equity financing, and commercial loan servicing in 32 offices coast-to-coast, averaging $10 billion in annual production volume and servicing a loan portfolio of more than $37 billion. NorthMarq Real Estate Services provides brokerage, property management and healthcare advisory services to investors and space users, and through its Corporate Solutions division, provides mid-size corporate users real estate services nationwide. For more information, please visit www.northmarq.com.
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