Team

Vice President

Contact Topher at 949 387-9071 or tvanmourick@Q10westcap.com


Deals

Property Name: Dana Marina Plaza
Location: Dana Point, CA
Property Type: Mixed Use
Transaction Type: Refinance
Loan Amount: $10,200,000
Details: Q10 | Westcap arranged a 20-year fully amortizing nonrecourse loan through its exclusive correspondent relationship with Sun Life of Canada.  The loan is secured by a 55,000 square foot craftsman-style retail & office complex located across the street from the Dana Point Harbor.
More Info: Topher VanMourick at 949-387-9071 or contact me

Property Name: Whittier Marketplace
Location: Whittier, CA
Property Type: Retail
Transaction Type: Refinance
Loan Amount: $27,000,000
Details: Q10|Westcap arranged a 10-year term / 30-year amortization life company loan on this 168,000 square foot shopping center anchored by Ralphs and CVS which paid off the maturing CMBS acquisition loan.
More Info: Topher VanMourick at 949-387-9071 or contact me

Property Name: Pecan Park
Location: Austin, TX
Property Type: Office
Transaction Type: Acquisition Financing
Loan Amount: $21,300,000
Details: Q10|Westcap arranged a 10-year term / 30-year amortization loan through a correspondent life insurance company for the acquisition of this 140,000 square foot Class-A multi-tenant office building in northwest Austin, TX for a repeat California-based borrower.
More Info: Topher VanMourick at 949-387-9071 or contact me

Property Name: Austin VA Outpatient Clinic
Location: Austin, TX
Property Type: Medical Office
Transaction Type: Acquisition Financing
Loan Amount: $121,453,600
Details: Q10 | Westcap originated the Credit Tenant Lease (CTL) financing for the acquisition of a newly constructed 275,000 square foot outpatient facility located in Austin, Texas that is 100% leased to the Department of Veterans Affairs for 20 years.  The loan allowed for an un-insured residual value at the end of the lease term, significantly increasing borrower cash flow and lowering transaction costs.  The CTL lender delivered on their rate lock despite extreme market volatility during the closing.
More Info: Topher VanMourick at 949-387-9071 or contact me

Property Name: Mednik Retail Center
Location: Los Angeles, CA
Property Type: Retail
Transaction Type: Refinance
Loan Amount: $2,700,000
Details: Q10|Westcap secured this 20-year fixed rate, nonrecourse, loan through a correspondent Life Insurance Company on a 22,000 square foot retail center that is 100% leased and located in a dense in-fill submarket of Los Angeles. The borrower developed the property on land that has been owned by the family for nearly 100 years.
More Info: Topher VanMourick at 949-387-9071 or contact me

Property Name: Irvine Spectrum Office
Location: Irvine, CA
Property Type: Office
Transaction Type: Refinance
Loan Amount: $42,000,000
Details: Q10|Westcap closed this 10-year fixed rate, nonrecourse, loan through its exclusive correspondent relationship with Sun Life of Canada.  The loan is secured by a 206,000 square foot Class-A office building located in the heart of the Irvine Spectrum.
More Info: Topher VanMourick at 949-387-9071 or contact me

Property Name: Ontario Commerce Center
Location: Ontario, CA
Property Type: Industrial/Warehouse
Transaction Type: Refinance
Loan Amount: $5,100,000
Details: Q10 | Westcap arranged a 15-year fixed rate, non-recourse loan with a 30-year amortization schedule through a correspondent Life Insurance Company for a repeat borrower on a good quality multi-tenant industrial park containing approximately 160,000 square feet of net rentable area.
More Info: Topher Van Mourick at 949-387-9071 or contact me

Property Name: Journey Medical Plaza
Location: Aliso Viejo, California
Property Type: Medical Office
Transaction Type: Refinance
Loan Amount: $9,000,000
Details: Q10|Westcap arranged a 10-year fixed rate, non-recourse loan on a new construction, state-of-the-art Medical Office in Aliso Viejo, CA for a repeat borrower. This loan paid off an existing construction loan and funded upon stabilized occupancy through one of Q10|Westcap’s correspondent Life Insurance Company lenders.
More Info: Topher Van Mourick at 949-387-9071 or contact me

Property Name: Indian Wells Village
Location: Indian Wells, CA
Property Type: Office
Transaction Type: Refinance
Loan Amount: $4,800,000
Details: Q10 | Westcap arranged a 15-year fixed rate loan with a sub-4% interest rate through a correspondent life insurance company for a repeat borrower on a six building, multi-tenant, office complex containing approximately 75,000 square feet of net rentable area. The properties are well located in the affluent desert community of Indian Wells.
More Info: Topher Van Mourick at 949-387-9071 or contact me

Property Name: Rancho Santa Fe Office
Location: Rancho Santa Fe, CA
Property Type: Office
Transaction Type: Refinance
Loan Amount: $2,450,000
Details: Q10|Westcap arranged a 10-year fixed rate loan through its relationship with a regional bank providing cash out to the borrower who has owned and operated the property for over 30 years. The office building is centrally located in the desirable Rancho Santa Fe village submarket.
More Info: Topher Van Mourick at 949-387-9071 or contact me

Property Name: M4 MacArthur
Location: Newport Beach, CA
Property Type: Office
Transaction Type: First Mortgage
Loan Amount: $7,500,000
Details: Q10|Westcap arranged long term financing on a best-in-class, new construction, corporate headquarters in Newport Beach, CA for a repeat client. The loan funded through Q10|Westcap’s exclusive correspondent relationship with Sun Life Financial who was able to close on the loan before the property had achieved stabilized occupancy.
More Info: Topher Van Mourick at 949-387-9071 or contact me

Property Name: Maroon V
Location: Englewood, CO
Property Type: Office
Transaction Type: First Mortgage
Loan Amount: $8,500,000
Details: Q10|Westcap arranged acquisition financing on a 100% leased, Class-A office property in Englewood, CO for a southern California based developer. This was the second loan in the Englewood office submarket that Q10|Westcap closed for the owner.  The lender was able to overcome significant rollover risk with a single tenant occupying 83% of the NRA whose lease had less than 5 years remaining at loan closing.
More Info: Topher Van Mourick at 949-387-9071 or contact me

Property Name: Eldorado Ridge
Location: Broomfield, CO
Property Type: Office
Transaction Type: First Mortgage
Loan Amount: $33,000,000
Details: Q10|Westcap arranged acquisition financing on a strategic value-add acquisition of a three building, multi-tenant, office complex containing over 300,000 square feet of net rentable area. The lender understood the sponsor’s vision of stabilizing this underperforming asset based on an impeccable track record with similar projects.
More Info: Topher Van Mourick at 949-387-9071 or contact me

Property Name: 17th Street Retail
Location: Costa Mesa, CA
Property Type: Retail
Transaction Type: First Mortgage
Loan Amount: $6,500,000
Details: Q10|Westcap arranged a 15-year loan with a 30-year amortization schedule through a correspondent life insurance company to pay off a maturing loan from a national bank. The 100% leased retail center is prominently located at the major intersection of Newport Boulevard and 17th Street in Costa Mesa.
More Info: Craig Rommel & Topher Van Mourick at 949-756-2520 or contact me

Property Name: Corona Technology Business Center
Location: Corona, CA
Property Type: Industrial/Warehouse
Transaction Type: Acquisition Financing
Loan Amount: $3,500,000
Details: Q10|Westcap arranged acquisition financing on a multi-tenant industrial/flex park located in Corona, CA for a repeat borrower. The lender was able to move quickly to accommodate the borrower’s off-market acquisition of this asset and funded the loan in 34 days.
More Info: Craig Rommel & Topher Van Mourick at 949-756-2520 or contact me