Senior / Assisted Living
Debt & Equity

Nate Barnson arranges $11.779 million refinance of Avalon Senior Living in Lindon, Utah

SALT LAKE CITY, UTAH (May 1, 2019) – Nate Barnson, senior vice president/senior director of NorthMarq’s Salt Lake City-based regional office arranged the $11.779 million refinance of Avalon Senior Living, a 90-unit senior living property located at 179 North State Street in Lindon, Utah. NorthMarq arranged the permanent-fixed loan for the borrower through its relationship with Freddie Mac.

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.

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Avalon Senior Living
Permanent Loan - Fixed
$11,779,000