LOS ANGELES (November 3, 2017) – Ory Schwartz, senior vice president/managing director of NorthMarq Capital’s Los Angeles regional office, negotiated the $8 million refinance of Woodland Industrial, a 280,000 sq. ft. industrial property located at 220, 340, 350 and 360 Hanson Way in Woodland, California. The transaction was structured with a 10-year term on a 25-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.
“NorthMarq arranged the loan on behalf of a Los Angeles-based private investor,” noted Schwartz.