NorthMarq Capital’s San Diego office finalizes $7.5 million refinance of Sabre Springs Executive Center

Sabre Springs Executive Center
b55fd873-fec8-4c27-b3d0-1fc7f21be0a8.jpg

SAN DIEGO – (June 10, 2015) Mike Dobbins, senior vice president of NorthMarq Capital’s San Diego based regional office arranged the $7.5 million refinance of Sabre Springs Executive Center, a 48,436 sq.ft. office property located in San Diego, California. The transaction was structured with a 10-year term and 25-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. “The lender won the business by providing a competitive rate and attractive prepayment flexibility,” remarked Dobbins.

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: www.northmarq.com.

Image
NM Web Icon News Black

Join the mailing list