Office - Debt

NorthMarq’s Salt Lake City office secures $24 million refinance of Billings, Montana Department of the Interior Office Building

SALT LAKE CITY, UTAH (December 11, 2019) – John Bradshaw, senior vice president/managing director and Nate Barnson, senior vice president of NorthMarq’s Salt Lake City-based regional office collaborated to finalize the $24 million refinance of an office building housing The Department of the Interior in Billings, Montana. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company. The property contains 119,110 sq. ft.

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 more than $16 billion, loan servicing portfolio of more than $65 billion and the multi-year tenure of our nearly 600 people.