NorthMarq Capital’s Jerry Peterson and Jordan Johnson negotiate $11,300,249 construction loan for Centennial Hills Skilled Nursing Facility
Skilled Nursing Facility
LAS VEGAS (June 11, 2018) – Jordan Johnson, vice president and Jerry Peterson, vice president of NorthMarq Capital’s Las Vegas office arranged the $11,300,249 construction loan for Centennial Hills Skilled Nursing Facility, a 72-bed property located at 8565 West Rome Boulevard in Las Vegas, Nevada. The transaction was structured with a 12-month interest-only term followed by a 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a national bank.
“NorthMarq was able to provide a 75 percent LTC construction financing for 72-bed Skilled Nursing Facility,” noted Johnson. “The quote will roll into a mini-perm upon completion of construction.”
“NorthMarq was able to provide a 75 percent LTC construction financing for 72-bed Skilled Nursing Facility,” noted Johnson. “The quote will roll into a mini-perm upon completion of construction.”
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.
