Larry Pinnock arranges $9.2 million bridge loan for refinance of 669 South Office Building in Salt Lake City, Utah
SALT LAKE CITY, UTAH (May 1, 2019) – Larry Pinnock, vice president of NorthMarq’s Salt Lake City-based regional office arranged refinancing of $9.2 million for 669 South Office Building, a 105,415 sq. ft. office property located at 669 South 84 West in Salt Lake City, Utah. NorthMarq arranged the bridge loan for the borrower through its relationship with a regional bank.
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. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.