Retail (MT)
Debt & Equity

NorthMarq Capital’s Los Angeles office secures $17.2 million refinance of retail plaza in Henderson, Nevada

LOS ANGELES (December 20, 2017) – David Blum, senior vice president/senior director of NorthMarq Capital’s Los Angeles regional office, negotiated the $17.2 million refinance of a 117,914 sq. ft. retail plaza located on Horizon Ridge in Henderson, Nevada. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a CMBS lender. “This was a challenging retail refinance in the greater Las Vegas market with an anchor still under construction,” noted Blum.

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.

1a9f7908-f95e-472b-9463-28464976a06e
Retail Plaza
Debt
$17,200,000