NorthMarq's Salt Lake City office arranges $3.7 million finance of Boise Plaza in Boise, Idaho
Boise Plaza
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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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
