Northmarq secures $135 million new construction loan for affordable housing property in Salt Lake City, Utah
Date: June 17, 2021
Amount: $135,000,000
Size: 825 units
Location: Salt Lake City, Utah
Lender: Commercial Bank
Type: Construction Loan (Permanent-Fixed Loan)
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.