NorthMarq Capital’s San Francisco office completes $15 million refinance of Crossroads Shopping Center
Crossroads Shopping Center
SAN FRANCISCO (December 23, 2014) – Dennis Williams, managing director of NorthMarq Capital’s San Francisco based regional office, arranged this $15 million refinance of Crossroads Shopping Center, a 92,500 sq.ft. retail property located at 2316 Monument Boulevard in Pleasant Hill, California. The transaction was structured with a 20-year term fully amortizing loan. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. Tenants include Dick’s Sporting Goods and DSW Shoe Warehouse. “The life company provided a very attractive rate and a smooth execution on this 20-year fixed rate financing,” said Williams.
Meet our team
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.
