NorthMarq Capital negotiates $9.8 million loan for a 31,401 sq.ft. neighborhood shopping center in Mission Viejo, California
Los Alisos Village
LOS ANGELES (December 8, 2015) – David Blum, senior director of NorthMarq Capital’s Los Angeles office and Nathan Prouty, senior director of NorthMarq Capital’s San Francisco office collaborated to arrange acquisition financing of $9.8 million for Los Alisos Village, a 31,401 sq. ft. retail property located at 22900-22942 Los Alisos Road in Mission Viejo, California. The transaction was structured with a 3-year interest-only loan. “The loan amount equaled 85 percent of purchase price, and was an opportunity to acquire a seasoned and stabilized retail asset in a great south Orange County market,” said Blum
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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.
