NorthMarq’s Salt Lake City office completes $9.016 million construction loan for The Commons in Park City, Utah

The Commons
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SALT LAKE CITY, UTAH (December 11, 2019) – Larry Pinnock, vice president of NorthMarq Salt Lake City-based regional office arranged the $9.106 million construction loan for The Commons. The mixed–use property will be located at 1242 Center Drive in Park City, Utah. NorthMarq arranged the construction loan for the borrower through its relationship with a national bank. The property contains 38 units.

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.

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