Retail - Debt

NorthMarq Capital

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.

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of $13 billion, loan servicing portfolio of more than $57 billion and the multi-year tenure of our more than 500 people.