Northmarq secures $135 million new construction loan for affordable housing property in Salt Lake City, Utah
Village at North Station Apts
Date: June 17, 2021
Amount: $135,000,000
Size: 825 units
Location: Salt Lake City, Utah
Lender: Commercial Bank
Type: Construction Loan (Permanent-Fixed Loan)
Meet our team
About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
