NorthMarq Capital

Hellyer Oaks

San Jose R&D Property Lands $46M Bridge Loan

Working on behalf of Vertical Ventures, NorthMarq’s San Francisco office secured the financing for Hellyer Oaks, a two-building asset totaling nearly 350,000 square feet.

Northmarq Hires New Miami SVP

Michael Balan brings more than 20 years of experience to his new role, where he will be responsible for assisting local and national clients with the entire capital stack.

NorthMarq Names DC Managing Director

Jason Smith has been with the company since 2003. Prior to this, he has worked at Legg Mason Real Estate Services.

Santa Monica Retail Receives $10M Refi

NorthMarq’s Los Angeles office secured the permanent fixed-rate loan through a CMBS lender. The approximately 16,000 square feet retail space is located in the city’s shopping district.

Will Lending Plateau in 2019?

During the past few years, lenders charted record-high activity across property types and markets. But escalating asset prices, rising interest rates and regulatory shifts may force adjustments in 2019.

Long Island Office Asset Lands $17M Financing

The building comprises nearly 120,000 square feet and underwent an adaptive reuse conversion from data center to office in 2006.

Menlo Gateway Phase II, Menlo Park, Calif

NorthMarq Arranges $157M Loan for Bay Area Office Project

Borrowers Bohannon Development Co. and Alexandria Real Estate Equities will use the financing to develop the 521,000-square-foot Phase II of Menlo Gateway, which will be occupied by Facebook.

NY Shopping Center Lands $19M Financing

The 123,073-square-foot Rosman Center, located in Haverstraw, N.Y., has ShopRite as its anchor tenant. NorthMarq Capital procured the loan on behalf of the borrower.

WNC Shopping Center Changes Hands for $33M

EDENS has sold the Whole Foods-anchored, 130,000-square-foot Asheville Market, located in Western North Carolina’s largest city.

Mortgage Bankers Display Increasing Agility in 2018

In an exclusive interview with Commercial Property Executive, NorthMarq Capital Executive Vice President Jeffrey Erxleben discussed the evolving commercial real estate lending landscape at last week’s MBA CREF/Multifamily Housing Convention & Expo in San Diego.