Office
Debt & Equity

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.

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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Department of the Interior Building
Permanent Loan - Fixed
$24,000,000