Westbury, NY Ernest DesRochers, senior vice president/managing director of NorthMarq Capital’s New York City office and Charles Cotsalas, senior vice president/senior director of NorthMarq Capital’s Long Island regional office, collaborated to arrange the $17 million refinance of a 118,379 s/f office property located at 865 Merrick Ave. 

The transaction was structured with a 5-year term. NorthMarq arranged financing for the borrower through its relationship with a local bank.