June 1, 2015

NorthMarq Capital arranges $14 million refinance of Summerhill Plaza in Las Vegas, Nevada

Summerhill Plaza

Debt & Equity

Multi-Tenant

LAS VEGAS (June 1, 2015) – Scott Monroe, senior vice president of NorthMarq Capital’s Las Vegas office arranged the $14 million refinance of Summerhill Plaza, a 91,163 sq. ft. retail property located at 7501-7581 West Lake Mead Boulevard 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 relationship with a CMBS lender. “The borrower was pleased with the lender’s execution and quick turnaround time to close,” said Monroe.

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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.

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