Mixed Use - Debt

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

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.

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 more than $16 billion, loan servicing portfolio of more than $65 billion and the multi-year tenure of our nearly 600 people.