NorthMarq arranges $10.25 million bridge loan for Summit Office Campus in Lakeland, Florida
ORLANDO, FLORIDA (January 22, 2020) – NorthMarq's Orlando-based regional office arranged bridge financing of $10,250,000 for the Summit Office Campus, a 129,729 sq. ft. office park located in Lakeland, Florida. The property was structured with a 2-year interest only term. NorthMarq arranged financing for the borrower through its relationship with JDI Realty, 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.
