Northmarq’s Debt + Equity team arranges $17.775M financing for 5 property industrial portfolio
5-Property Industrial Portfolio
Northmarq’s San Diego Debt + Equity team led by Steve Hollister successfully arranged a combined $17.775 million loan-to-refinance of a five-property industrial portfolio located in San Diego County. Northmarq secured the fixed-rate financing through a correspondent relationship with a life insurance company. All five loans were structured with 10-year loan terms on a 30-year amortization.
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About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
