Thorofare Capital, in partnership with Callodine Group, recently closed a $125.9 million financing deal for a portfolio of eight clinical medical facilities spanning over 705,000 square feet in the Greater Washington D.C. area and nearby submarkets. The three-year floating-rate mortgage loan was secured by an investment entity managed by Harrison Street.
The transaction was successfully executed by Thorofare’s team members Felix Gutnikov, Jacob Yi, and Nicholas Krueger. “Our longstanding relationship with Harrison Street has led to this successful collaboration and their confidence in our ability to efficiently secure financing for this multi-property portfolio across multiple states,” stated Gutnikov.
Representing the borrower were Newmark professionals John Nero, Ben Appel Jay Miele and Michael Greeley.
This significant funding from Thorofare Capital marks another milestone achievement for the DC medical market as it continues to attract strong investments from reputable entities like Harrison Street.
