NorthMarq Capital’s Los Angeles office secures $8 million refinance of industrial property located in Woodland, California

Woodland Industrial
768aeefc-50a5-4e62-9c52-561e41256a7f.jpg

LOS ANGELES (November 3, 2017) – Ory Schwartz, senior vice president/managing director of NorthMarq Capital’s Los Angeles regional office, negotiated the $8 million refinance of Woodland Industrial, a 280,000 sq. ft. industrial property located at 220, 340, 350 and 360 Hanson Way in Woodland, California. The transaction was structured with a 10-year term on a 25-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. “NorthMarq arranged the loan on behalf of a Los Angeles-based private investor,” noted 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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.