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Forman Capital Provides $26M Loan for Indianapolis-Area Office Complex

Forman Capital closed a $25.78 million bridge loan for Penn Mark I & II, a two-building complex with 242,481 square feet of combined office space located in Carmel, Indiana, within the Indianapoli

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Summary

Forman Capital closed a $25.

78 million bridge loan for Penn Mark I & II, a two-building complex with 242,481 square feet of combined office space located in Carmel, Indiana, within the Indianapolis MSA.

The loan supports borrower ICONIC Property Partners in refinancing the recently renovated office property located at 11595 & 11555 N. Meridian St....

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