NorthMarq announces $9.4 million in financing
NorthMarq Capital announced $9.4 million in financing for Laurel Court at Quail Park, a 40-unit memory care community.
The new building will be in Visalia, CA, and operated by Living Care Lifestyles. The transaction is a cash-out refinance for the borrower through a relationship with a life insurance company.
NorthMarq is the largest privately held commercial real estate financial intermediary in the U.S.