SACRAMENTO—Jeff Haskell, managing director of NorthMarq Capital's San Francisco-based regional office has arranged $90 million in refinancing for Bank of the West Tower, a class “A” 445,984 square foot property located at 500 Capitol Mall in Sacramento. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.
“The transaction provided an effective long-term financing solution on this trophy property that had not yet reached stabilization,” said Haskell.
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.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
