SAN FRANCISCO—NorthMarq has arranged the $32 million refinance of 2130 Post, a recently renovated class A, 71-unit multifamily property.
Dennis Williams, managing director, and Brian Esquivel, assistant VP, arranged the deal for the San Francisco property. The transaction was structured with a seven-year fixed rate loan and was arranged by NorthMarq for the borrower through an existing banking relationship.
The bank offered unique, market leading terms for the borrower on this in-fill project, said Williams. NorthMarq Capital, the largest privately held commercial real estate financial intermediary in the U.S., provides mortgage banking and commercial loan servicing in 34 offices coast to coast.