SAN FRANCISCO (September 2, 2014) – Jeff Haskell, managing director of NorthMarq Capital’s San Francisco based regional office arranged $90 million in refinancing for Bank of the West Tower, a class “A” 445,984 square foot property located at 500 Capitol Mall in Sacramento, California. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.
“The transaction provided an effective long-term financing solution on this trophy property that had not yet reached stabilization,” said Haskell.