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