NorthMarq Capital’s San Diego office arranges $8 million refinance for a Hughes Airport Center Office Building in Las Vegas, Nevada
SAN DIEGO (June 28, 2017) Doug Austin, senior vice president/ senior director of NorthMarq Capital’s San Diego regional office, arranged refinancing of $8,000,000 for an office building located within the Hughes Airport Center in Las Vegas, Nevada. The transaction was structured on a 10-year loan term.
NorthMarq arranged financing for the borrower through its relationship with a CMBS lender. “The lender used previously approved loan documents from another CMBS lender," said Austin.
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.
