October 2, 2015

NorthMarq Capital’s Las Vegas office negotiates $29 million refinance of The Resort at the Lakes

The Resort at the Lakes

Debt & Equity

Multi-Tenant

LAS VEGAS (September 29, 2015) – Scott Monroe, senior vice president of NorthMarq Capital’s Las Vegas office arranged the $29 million refinance of The Resort at the Lakes, a 427-unit multifamily property located at 9999 W. Katie Avenue in Las Vegas, Nevada. The transaction was structured with a 10-year term and 30-year amortization schedule. NorthMarq arranged financing for the borrower through its correspondent relationship with a life insurance company.

Available Hospitality properties

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.