Retail - Debt

NorthMarq Capital

NorthMarq Capital’s Scott Monroe arranges $37 million refinance of Sahara Center in Las Vegas, Nevada

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.

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of $13 billion, loan servicing portfolio of more than $57 billion and the multi-year tenure of our more than 500 people.