NorthMarq completes $34.05 million refinance of The Meridian in Salt Lake City, Utah
SALT LAKE CITY, UTAH (December 11, 2019) – John Bradshaw, senior vice president/managing director of NorthMarq’s Salt Lake City-based regional office arranged the $34.05 million refinance of The Meridian. The multifamily property is located at 30 North Orange Street in Salt Lake City, Utah. NorthMarq arranged the permanent-fixed loan for the borrower through its in-house Fannie Mae team. The property contains 263 units.
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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.
