Larry Pinnock arranges acquisition financing of $12.3 million for retail property located in Coeur D’Alene, Idaho
Ironwood
SALT LAKE CITY, UTAH (May 1, 2019) – Larry Pinnock, vice president of NorthMarq’s Salt Lake City-based regional office, arranged acquisition financing of $12.3 million for Ironwood, a 101,847 sq. ft. retail property located at 208 Ironwood Drive in Coeur D’Alene, Idaho. NorthMarq arranged the permanent-fixed loan for the borrower through its relationship with a CMBS lender.
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.