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California  + Orange County  + Office  | 

Newmark Completes Trio of Structured Finance Deals Totaling $78M

Newmark completed a trio of commercial mortgage finance transactions totaling $77.7 million for multifamily, industrial and office properties across Orange County. The refinancing loans for separate entities were strategically structured by Newmark, an independent commercial mortgage banking firm, to take advantage of historically low interest rates, which are expected to rise through the second half of 2018 into 2019.

Newmark’s George Mitsanas says, “Orange County is as good as a market as you can find for structuring advantageous loans for refinancing, improvement or acquisition in this transitioning phase of the market. Lender allocations are clearly targeted for markets that enjoy a healthy regional economy and solid fundamentals.”

The structured finance deals include:
– $54 million in fixed-rate financing for Artisan Apartments (pictured), a 13-building, garden-style community with 277 recently-renovated units in Huntington Beach, CA (Mitsanas and Chandler Hogue arranged the financing)
– $16 million in fixed-rate financing for One Polaris, a three-story more than 75,000-square-foot Class A office building in Aliso Viejo, CA (Mitsanas, Peter Hillakas, and Hogue arranged the financing)
– $7.7 million in fixed-rate financing for a portfolio of industrial buildings totaling nearly 150,000 square feet in Anaheim, CA (Mitsanas and Hogue arranged the financing)

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Financing
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