Office

NorthMarq Capital’s San Diego office arranges $17.727 million in acquisition financing for Shea Center II in Highlands Ranch, Colorado

SAN DIEGO (January 26, 2016) – Doug Austin, senior vice president/senior director of NorthMarq Capital’s San Diego regional office arranged acquisition financing of $17,727,500 for Shea Center II, a 121,399 sq. ft. office property located in Highlands Ranch, Colorado. The transaction was structured with a 10-year term with 5-years interest only and 30-year amortization schedule. NorthMarq arranged financing for the borrower, a repeat client, through its relationship with a CMBS lender. Haliburton Energy Services and Shea Homes represent the property’s major tenants.

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through its 36 offices across the U.S. The company has built long-term relationships with life companies, CMBS platforms and local, regional and national banks, with a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. The company closes approximately $13 billion in commercial real estate loans annually and services a loan portfolio of more than $50 billion. For more information please visit www.northmarq.com.