Northmarq’s Los Angeles office arranges $6.55 million in financing for California Convalescent Center
LOS ANGELES, CALIFORNIA (August 4, 2022) Zalmi Klyne, managing director, and Charlie Fischer, vice president of Northmarq’s Los Angeles debt and equity team, finalized a $6.55 million permanent-fixed loan for a southern California Convalescent Center.
The transaction was structured on a 2-year interest only term. Northmarq arranged the permanent-fixed loan for the borrower through its correspondent relationship with a private 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.