NorthMarq Capital’s Las Vegas office secures $7 million refinance of Mojave 15 Industrial in Las Vegas, Nevada
LAS VEGAS (January 11, 2018) – Scott Monroe, senior vice president/managing director of NorthMarq Capital’s Las Vegas regional office, negotiated the $7,000,000 million refinance of a 237,500 sq. ft. industrial property located in Las Vegas, Nevada. The complex is well located in Las Vegas Valley with advantageous access from I-515, Boulder Highway and other major arterials. This transaction was structured with a 10-year term on a 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a correspondent life company.
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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.