Northmarq’s Houston office arranges acquisition financing for Accredo in Orlando, Florida

HOUSTON, TEXAS (February 28, 2022) – Chad Owens, senior vice president of Northmarq’s Houston office, arranged acquisition financing of for Accredo. The 63,000 sq. ft. class A medical office (built in 2006) is located at 6252 Lee Vista Blvd in Orlando, Florida. The transaction was structured with a 5-year term with 1.5 years of interest only followed by a 30-year amortization schedule. Northmarq secured the bridge loan for the borrower through its relationship with a bridge/mezzanine lender.
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.