NorthMarq Capital’s Seattle office completes construction financing of $29.272 million for Quail Park at Shannon Ranch in Visalia, California
Quail Park at Shannon Ranch
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.
Meet our team
About Northmarq
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.
