Regions West
NorthMarq Arranges $49M Mortgage for Point Niguel
May 13, 2008

Michael Elmore of NorthMarq Capital, Inc.’s Los Angeles Regional office, arranged first mortgage financing of $49 million for Point Niguel, a 324-unit multi-family complex, located in Laguna Niguel, Calif. Financing was based on an interest-only 7-year fixed term plus 1-year floating and was arranged for the borrower by NorthMarq through its relationship with Freddie Mac.

 
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Officials Green Light $1.8B for LA Airport Projects
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Los Angeles International Airport is undergoing a massive multi-phase makeover and the city's Board of Airport Commissioners has just authorized approximately $1.8 billion to cover projects encompassed in the initial stage of the airport's capital improvement program, which is being conducted under Los Angeles World Airports' Project Labor Agreement. .
Maguire to Sell Orange Country Property for $211M
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