NorthMarq Capital’s Los Angeles office secures $17.2 million refinance of retail plaza in Henderson, Nevada
Retail Plaza
LOS ANGELES (December 20, 2017) – David Blum, senior vice president/senior director of NorthMarq Capital’s Los Angeles regional office, negotiated the $17.2 million refinance of a 117,914 sq. ft. retail plaza located on Horizon Ridge in Henderson, Nevada. The transaction was structured with a 10-year term on a 30-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a CMBS lender. “This was a challenging retail refinance in the greater Las Vegas market with an anchor still under construction,” noted Blum.
Meet our team
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.
