Berns of NorthMarq arranges $5.05 million mortgage

Sam Berns, senior VP and managing director of NorthMarq Capital's upstate New York regional office arranged first mortgage financing in the amount of $5.05 million for a 42,187 s/f medical office building. The major tenant in the building is Community Hospital of Indiana. Financing was based on a 10-year term and a 20-year amortization schedule and was arranged for the borrower by NorthMarq through its relationship with American Equity Life. According to Berns, this single tenant transaction included a holdback for tenant improvement completion and rent commencement. The loan closed within 45 days of application.

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Meridian Capital Group arranges 10-year retail lease for Mess at 236 West 10th St.

Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10^thSt. in Greenwich Village

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