Multifamily
Debt & Equity

NorthMarq Capital arranges refinancing of $17.52 million for The Willows in Escondido, California

MIAMI (August 13, 2018) – Bill Johnson, senior vice president managing director of NorthMarq Capital’s Miami regional office, arranged refinancing of $17,520,000 for The Willows, a 137-unit multifamily property located at 2460 Bear Valley Parkway, Escondido, California. The transaction was structured with a 10-year term (2-years interest only) on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its seller/servicer relationship with Freddie Mac. 

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.

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The Willows
Permanent Loan - Fixed
$17,520,000