NORTHMARQ CAPITAL ARRANGES $5.5 MILLION MORTGAGE

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SANTA ANA, CALIF. — NorthMarq Capital has arranged a $5.5 million first mortgage for Siena Pointe-Trento Apartments, a 52,080-square-foot, 50-unit apartment building located in Santa Ana. The financing was based on a 7-year term and a 30-year amortization schedule. AmeriSphere Multifamily Finance, a Fannie Mae DUS lender, provided the financing. David Blum of NorthMarq Capital’s Los Angeles office secured the loan on behalf of the borrower.

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