Thorofare Capital Secures $125.9M Financing For Greater Washington, D.C. Medical Office Portfolio

Thorofare Capital, affiliated with Callodine Group, has successfully secured a $125.9 million financing deal for a portfolio of eight clinical medical facilities spanning over 705,000 square feet across Greater Washington, D.C., and nearby submarkets. The medical office portfolio is located in the Greater Washington, D.C. market and comprises various medical office properties.

Summary of transaction details

• Property Type: Medical Office
• Transaction Amount: $125,900,000
• Address: Medical Office Portfolio
• Market: Greater Washington, D.C
• Square Footage: 705,000 SF

The financing for this transaction was provided by Felix Gutnikov, Jacob Yi, and Nicholas Krueger from Thorofare Capital. They successfully arranged a three-year floating-rate mortgage loan for the medical office portfolio. Newmark, represented by Ben Appel, Jay Miele, John Nero, and Michael (Mike) Greeley, served as the broker in this deal.