NorthMarq Capital’s San Francisco office finalizes $10 million refinance of Livermore Valley Shopping Center in Livermore, California
Livermore Valley Shopping Center
SAN FRANCISCO (July 30, 2015) – Dennis Williams, senior vice president/managing director of NorthMarq Capital’s San Francisco based regional office arranged the $10 million refinance of Livermore Valley Shopping Center, a 78,377 sq.ft. retail property located at 1318-1588 Railroad Avenue in Livermore, California. The transaction was structured with a 10-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a national bank. Dollar Tree, Fitness 19 and O’Reilly Auto Parts represent the property’s major tenants. “The bank lender provided flexible, long-term financing under very attractive terms,” said Williams.
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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.
