News: Financial Digest

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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Examples of investors who used Kay Properties for legacy and estate planning purposes for rental property/portfolios - by Dwight Kay

Examples of investors who used Kay Properties for legacy and estate planning purposes for rental property/portfolios - by Dwight Kay

Preserving wealth across multiple generations requires strategic planning, foresight, and the right investment vehicles. Delaware Statutory Trusts (DSTs) offer a powerful solution for families looking to build and protect their financial legacy and to efficiently plan for their estate.