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MOUNTAIN VIEW, CALIF. — Northmarq has arranged a $105 million refinancing of Madrone Apartments, a 272-unit community at 111 N. Rengstorff Ave. in Mountain View, 35 miles south of San Francisco. The financing was arranged on behalf of Prometheus Real Estate Group by Northmarq’s San Francisco team, led by Nathan Prouty and Andrew Slaton. The five-year, full-term interest-only loan was provided by New York Life and refinances approximately $90 million in existing debt originally arranged by Northmarq in 2016. Prometheus is planning to develop eight accessory dwelling units (ADUs) following the loan closing.