Senior / Assisted Living
Debt & Equity

Salt Lake City office arranges $3 million refinance of Bestland Senior Care in Coeur d’Alene, Idaho

SALT LAKE CITY, UTAH (July 5, 2017) Salt Lake City’s production team arranged financing of $3,000,000 for Bestland Senior Care, a senior care facility located in Coeur d’Alene, Idaho. The transaction was structured with a 10-year term on a 25-year amortization schedule. Salt Lake City arranged financing for the borrower through its relationship with a regional bank. “We were able to find a regional bank that would provide a competitive financing solution on a difficult product type in a tertiary market for our valued clients,” said Pinnock.

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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

45256852-d95e-49f1-98c5-d47594ada896.jpg
Bestland Senior Care
Debt
$3,000,000