Mixed Use - Debt

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. 

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.