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Debt & Equity

NorthMarq arranges $16M loan for Long Island medical offices

Photo by Dustin Moore/ Flickr
Photo by Dustin Moore/ Flickr

NorthMarq Capital announced that the company arranged a $16 million refinance of Huntington Medical Center in Huntington Station, New York.

Robert Delitsky, senior vice president/managing director of NorthMarq Capital’s New York City office, and Charles Cotsalas, senior vice president in Long Island, collaborated to arrange the refinance of the 66,316 s/f medical office building at 180 East Pulaski Road.

NorthMarq arranged financing forHuntington Station Properties, LP, through Flushing Bank. The bank’s team was led by Ronald M. Hartmann and Timothy Lynn.

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