NorthMarq's Salt Lake City office arranges $3.7 million finance of Boise Plaza in Boise, Idaho

Boise Plaza
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SALT LAKE CITY (July 5, 2017) Salt Lake City’s production team arranged financing of $3,700,000 for Boise Plaza, a retail property located in Boise, 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 correspondent life company.

“We were glad we were able to find a strong life insurance execution on this well-managed retail property,” 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 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.