April 17, 2015

NorthMarq Capital arranges $17.5 million refinance of Equus Business Center in Las Vegas, Nevada

Equus Business Center

Debt & Equity

Multi-Tenant

LOS ANGELES (April 20, 2015) – David Blum, senior vice president/senior director of NorthMarq Capital’s Los Angeles based regional office arranged the $17.5 million refinance of Equus Business Center, a complex containing seven buildings located in Las Vegas, Nevada. The transaction was structured with a locked 10-year fixed term with an interest only period, (well below 4 percent rate) followed by a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a CMBS lender. The property boasts more than 175 tenants.

Available Office properties

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.