NorthMarq's Los Angeles office secures $35 million refinance of Plaza at Gale Ranch in San Ramon, California

Plaza at Gale Ranch
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LOS ANGELES (February 15, 2017) – Ory Schwartz, senior vice president/managing director of NorthMarq Capital’s Los Angeles-based regional office, arranged the $35 million refinance off Plaza at Gale Ranch, a 122,559 sq. ft. retail property located at 11000-11060 Bollinger Canyon Road in San Ramon, California. The transaction was structured with a fully amortizing 25-year term. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. Safeway represents the property’s major tenant.

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.