July 5, 2017

Salt Lake City office arranges $1,725,000 finance of Victoria Windsor in Salt Lake City, Utah

Victoria Windsor

Debt & Equity

Multi-Tenant

SALT LAKE CITY (July 5, 2017) Salt Lake City’s production team arranged financing of $1,725,000 for Victoria Windsor, a multifamily property located near downtown Salt Lake City, Utah. The transaction was structured with interest only during rehabilitation, a 10-year term on a 30-year amortization schedule. Salt Lake City arranged financing for the borrower through its relationship with a local bank. “We were both able to secure acquisition financing as well as additional proceeds for capital improvements as our client acquired and improved this property to be an addition to their multi-family portfolio of properties under management,” said Pinnock.

Available Multifamily properties

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.