NorthMarq secures $18 million for two mixed-use properties in Queen Anne and Fremont, Washington
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.
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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.
