September 1, 2015

NorthMarq Capital arranges $39 million refinance of senior housing property in Sacramento, California

Carefree Natomas

Debt & Equity

Multi-Tenant

LAS VEGAS (September 1, 2015) – Scott Monroe, senior vice president of NorthMarq Capital’s Las Vegas office arranged the $39 million refinance of Carefree Natomas, a 469,824 sq. ft. senior housing property located at 5601 Natomas Boulevard in Sacramento, California. The transaction was structured with a 10-year term with 2-years interest only followed by a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a CMBS 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.

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