May 15, 2013

NorthMarq Capital arranged $1.41 million mortgage for office/industrial building in Modesto, California

4701 Enterprise

Debt & Equity

Multi-Tenant

SAN FRANCISCO (May 15, 2013) – John Kerslake, svp/senior director of NorthMarq’s San Francisco-based regional office, arranged acquisition financing of $1.41 million for 4701 Enterprise Way in Modesto, California. This owner-user property contains 24,047 sq. ft. of office and industrial space. Financing was based on a 15-year term and a 25-year amortization schedule. This loan includes a 10-year fixed-rate followed by a floating rate for the last five years. NorthMarq arranged this financing for the borrower through its relationship with a regional bank.

Available Industrial properties

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.