NorthMarq Arranges $82.5M Refinancing For Multifamily Communities In Salt Lake City's Greektown District

The transaction involved a multifamily asset located at 550 200 South & 205 500 West in Salt Lake City, UT. The sale price for the property was $82,500,000. Two mid-rise, amenity-rich apartment communities were developed by Hamilton Partners and dbURBAN in the Greektown District of Salt Lake City.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $82,500,000
• Address: 550 200 South & 205 500 West
• Market: Salt Lake City, UT
• Brokers: John Bradshaw, Larry Pinnock & Adam Bradshaw - NorthMarq

NorthMarq’s Salt Lake City Debt + Equity team arranged an $82.5M refinancing for the involved apartment communities. This reflects the key involvement of the brokerage in financing activities related to the transaction.