Regions West | Los Angeles
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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