Multifamily - Debt

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.

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.