Northmarq’s New York offices arrange $19.5M refinance of Huntington Medical Center
NEW YORK (Oct. 4, 2023) — Robert Delitsky, senior vice president – managing director of Northmarq’s New York City office, and Charles Cotsalas, senior vice president of Northmarq’s Long Island office secured a $19.5 million loan for Huntington Medical Center. The 66,316 sq. ft. medical office building is located at 180 E. Pulaski Rd. in Huntington Station, Long Island. Huntington Medical Center is 100% leased to New York University for the Grossman School of Medicine. Northmarq arranged the loan through its correspondent relationship with 40|86 Mortgage Capital.
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.