Senior / Assisted Living
Debt & Equity

NorthMarq Capital’s Seattle office completes construction financing of $29.272 million for Quail Park at Shannon Ranch in Visalia, California

SEATTLE (March 15, 2018) – Stuart Oswald, senior vice president/managing director of NorthMarq Capital’s Seattle regional office, secured construction financing in the amount of $29,272,000 for Quail Park at Shannon Ranch, a 120-unit senior housing property located in Visalia, California. The community will open early in 2019. The transaction was structured with a 5-year term. NorthMarq arranged financing for the borrower through its relationship with a regional bank. The property is owned by the principles of Living Care Lifestyles, several local investors and the Kaweah Delta Hospital. It will be operated by Living Care Lifestyles.

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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit:

Quail Park at Shannon Ranch
Permanent Loan - Floating