Northmarq secures $135 million new construction loan for affordable housing property in Salt Lake City, Utah

Village at North Station Apts
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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)

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.

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