December 1, 2015

NorthMarq Capital’s San Francisco office arranges $4.3 million refinance of class “A” office property in Palo Alto, California

101 University Avenue

Debt & Equity

Multi-Tenant

SAN FRANCISCO (December 1, 2015) – Dennis Williams, senior vice president/managing director of NorthMarq Capital’s San Francisco office arranged the $4.3 million refinance of a 42,762 sq.ft. class “A” office asset located at 101 University Avenue in Palo Alto, California. The transaction was structured with a fully-amortizing 15-year term. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. “The life company lender offered unique, market leading terms for the borrower of this in-fill class “A” office asset,” 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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