NorthMarq Capital secured $1.6 million mortgage for 219 Shaw in South San Francisco
219 Shaw
SAN FRANCISCO (January 16, 2013) – John Kerslake, senior vice president and senior director of NorthMarq’s San Francisco Regional office, arranged first mortgage refinancing of $1.6 million for 219 Shaw Road, a 26,186 rentable sq. ft. industrial/office property located in South San Francisco. The property is owner-occupied with a long profitable operation. Financing was based on a 10-year term and a 10-year floating term and a 25-year amortization schedule. NorthMarq arranged this financing for the borrower through its relationship with a regional bank.
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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.