Senior Housing - Debt

Arranges $9.4 million refinance of Laurel Court at Quail Park in Visalia, California

SEATTLE (November 20, 2014) – Stuart Oswald, senior vice president/managing director of NorthMarq Capital’s Seattle based regional office arranged $9.4 million in financing for Laurel Court at Quail park. This new 40 unit/40 bed first class memory care community, located at 5050 W. Tulare Avenue in Visalia, California, is operated by Living Care Lifestyles. NorthMarq arranged the transaction, a cash-out refinance, for the borrower through its correspondent relationship with a life insurance company.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with a flexible structure, enabling our national team of experienced professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of more than $37 billion and a loan servicing portfolio of nearly $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq introduces clients to expanded opportunities across all major asset classes.

Back to all Transactions
Related Transactions