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Northmarq Secures $54M Refinancing for Mixed-Use Property in Alameda, California
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Northmarq Secures $54M Refinancing for Mixed-Use Property in Alameda, California
ALAMEDA, CALIF. — Northmarq, on behalf of Alameda Point Redevelopers LLC, has arranged $54 million in financing for Storehouse Lofts, a residential mixed-use property located at 2350 Saratoga St. in Alameda. Storehouse Lofts is an adaptive reuse project that converted a former military warehouse into a modern 197-unit live-work community. Each unit is loft-style with open floor plans and high ceilings. Additionally, the 187,466-square-foot prope…
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