NorthMarq Capital’s Los Angeles office arranges $8 million refinance of Treehouse Apartments in San Marcos, California

Treehouse Apts

LOS ANGELES (December 22, 2017) – Ory Schwartz, senior vice president/managing director of NorthMarq Capital’s Los Angeles regional office, secured refinancing of $8,000,000 for Treehouse Apartments in San Marcos, California. The deal was structured by a 5-year loan term on a 25-year amortization schedule, with 3-years interest-only. NorthMarq arranged financing for the borrower through its relationship with a credit union. “This loan facilitated the refinance of the loan for the student housing project while at the same time provided acquisition dollars to acquire an adjacent retail pad that will be incorporated into the student housing project,” said Schwartz.

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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