Other
Debt & Equity

NorthMarq Capital’s Jerry Peterson and Jordan Johnson negotiate $11,300,249 construction loan for Centennial Hills 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 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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

e5be7ec9-3180-421c-a3fd-5636d5653659.jpg
Skilled Nursing Facility
Construction Loan
$11,300,249