February 11, 2016

NorthMarq Capital’s San Francisco office secures $5.675 million refinance of Schafer Park in Hayward, California

Schafer Park

Debt & Equity

Multi-Tenant

SAN FRANCISCO (February 11, 2016) – Dennis Williams, senior vice president/managing director of NorthMarq Capital’s San Francisco office, arranged the $5.675 million refinance of Schafer Park, a 38,513 sq. ft. retail property located at 410-458 West Harder Road in Hayward, California. The transaction was structured with a fully amortizing 18-year term. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. Grocery Outlet represents the property’s major tenant. “The life company lender provided a quick and efficient refinance on attractive terms for this grocery anchored retail center in the East Bay city of Hayward,” said Williams.

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Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq's solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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