Other - Debt

NorthMarq Capital

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.” 

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 $55 billion and the multi-year tenure of our more than 500 people.