Arranges $90 million refinance of Bank of the West Tower in Sacramento, California
Bank of the West Tower
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.
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.
