NorthMarq's Salt Lake City office arranges $3.7 million finance of Boise Plaza in Boise, Idaho
SALT LAKE CITY (July 5, 2017) Salt Lake City’s production team arranged financing of $3,700,000 for Boise Plaza, a retail property located in Boise, Idaho. The transaction was structured with a 10-year term on a 25-year amortization schedule. Salt Lake City arranged financing for the borrower through its relationship with a correspondent life company.
“We were glad we were able to find a strong life insurance execution on this well-managed retail property,” said Pinnock.
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