Erik Kunz, vice president of NorthMarq’s Chicago regional office, arranged first mortgage refinancing of $6.6 million for 1020 Ogden Ave. in Naperville.
A large portion of the 55,000-square-foot medical office building is under a long-term lease with a major medical group in Chicago. Financing was based on a 12-year term and a 25-year amortization schedule. NorthMarq arranged the financing for the borrower through its relationship with a correspondent life company lender.
