Industrial - Debt

NorthMarq Capital

NorthMarq Capital arranges permanent financing for San Diego Logistics facility

SAN DIEGO (July 17, 2018) – Bill Libercci and Tim Greisman in NorthMarq Capital’s Baltimore office collaborated with Steve Hollister in NorthMarq Capital’s San Diego office to arrange permanent financing of a final-mile industrial property located in San Diego, California owned by Realterm Logistics. The 180,000 sq. ft. building is fully occupied by a leading global e-commerce company. NorthMarq placed the loan for Realterm with one of its correspondent life company lenders. 

“The lender provided very competitive terms for an office/warehouse building leased to a single tenant,” said Hollister. “The quality of the location, the tenant and the sponsorship combined to reduce the lender risk and make this a quality loan opportunity,” added Libercci. 

NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides debt, equity and commercial loan servicing through over 300 mortgage banking professionals in regional offices coast-to-coast and services a loan portfolio of more than $52 billion. In select markets, the company offers multifamily and manufactured housing investment sales through NorthMarq Multifamily. As a leader in capital solutions through long-term relationships with life companies, CMBS platforms and local, regional and national banks, the company also has a long track record of multifamily loan origination through Freddie Mac, Fannie Mae and FHA/HUD. For more information please visit www.northmarq.com.