NorthMarq Capital’s Washington, D.C. office arranges $23.4 million construction financing for luxury hospitality property in Alta, Utah

Luxury Hospitality
Luxury Hospitality_web cropt
WASHINGTON D.C. (June 7, 2017) NorthMarq Capital’s Washington D.C. regional office arranged construction financing of $23.4 million for a to-be renovated/repositioned luxury hospitality property located in Alta, Utah. Upon completion, the property will contain ± 70 rooms and is anticipated to re-open in the fourth quarter of 2018.

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.

Image
NM Web Icon News Black

Join the mailing list