Nate Barnson of NorthMarq’s Salt Lake City office secures $22.5 million refinance of Village Park in Orem, Utah

Village Park
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SALT LAKE CITY, UTAH (January 10, 2019) – Nate Barnson, vice president of NorthMarq’s Salt Lake City office arranged the $22.5 million refinance of Village Park, a 192-unit multifamily property located at 1080 North State Street in Orem, Utah. NorthMarq arranged the permanent-fixed rate loan for the borrower through its in-house Fannie Mae team.

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.