NorthMarq secures $18 million for two mixed-use properties in Queen Anne and Fremont, Washington
Two Mixed-Use Properties
SEATTLE, WASHINGTON (May 19, 2020) – Jake Leibsohn, vice president, and Ron Peterson, senior vice president, of NorthMarq’s Seattle office arranged $18 million in refinancing for two mixed use properties containing a combined 63,235 sq. ft. located in Queen Anne and Fremont, Washington. The transaction was structured with a 5+5-year term on a 25-year amortization schedule. NorthMarq arranged the permanent fixed loan for the borrower through its correspondent relationship with Symetra, a life company lender.
About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
