NorthMarq Capital’s San Diego office arranges $28 million refinance for Grocery Anchored Shopping Center in Salt Lake City, Utah
Grocery Anchored Shopping Center
SAN DIEGO (August 1, 2017) Doug Austin, senior vice president/senior director of NorthMarq Capital’s San Diego office arranged refinancing of $28,000,000 for a grocery-anchored shopping center in Salt Lake City, Utah. “Our correspondent life company lender matched the borrower’s specific need for flexible prepayment while providing 10-year fixed-rate financing,” said Austin.
About Northmarq
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.
