NorthMarq Capital’s Los Angeles based office completes acquisition financing of $11.75 million for Red Hill Technology Center

Red Hill Technology Center
LOS ANGELES (February 3, 2015) – Robert R. Hervey, executive vice president/senior managing director of NorthMarq Capital’s Los Angeles based regional office secured acquisition financing of $11.75 million for Red Hill Technology Center, a 94,557 sq.ft. office property located at 2850 South Red Hill Avenue in Santa Ana, 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 Jackson National Life Insurance Company. Major tenants on the property include: Pacific Union Financial, LLC, William Hezmalhalch Architects, Inc. and Western Growers Association. “A very strong and experienced borrower acquired this outstanding quality building, which was crucial to bringing in this great life insurance company,” said Hervey. “Both the lender and the borrower moved quickly to close the loan and acquisition on time, which was not easy considering this was done during the Christmas/New Year holidays.”

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:

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