NorthMarq Capital’s Scott Monroe arranges $37 million refinance of Sahara Center in Las Vegas, Nevada
Sahara Center
LAS VEGAS (May 29, 2018) – Scott Monroe, senior vice president/managing director of NorthMarq Capital’s Las Vegas office finalized the $37 million refinance of Sahara Center, a 222,883 sq. ft. retail property located at 10000 West Sahara Avenue in Las Vegas, 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 conduit CMBS lender. Major tenants include: Sprouts, TJ Maxx, PetCo, Canes, In-N-Out, Steinmart and Burlington Coat Factory.
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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.
