NorthMarq Arranges $82.5M Refinancing For Multifamily Communities In Salt Lake City's Greektown District
NorthMarq Arranges $82.5M Refinancing For Multifamily Communities In Salt Lake City's Greektown District
550 200 South & 205 500 West
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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.
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