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June 12, 2014

NorthMarq helps finance senior housing

Stuart Oswald of Northmarq Capital's Seattle office arranged $14.45 million for Quail Park at Crystal Terrace, a senior housing project in Klamath Falls, Oregon.

The three-story complex has 67 units and 20 cottages. A portion of the loan will be used to add a 24-unit, 36-bed memory care facility nearby.

NorthMarq says it is the largest private commercial real estate financial intermediary in the U.S., with more than $10 billion in financing secured annually and a loan portfolio of more than $42 billion.




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