Nevada Real Estate & Development Report: February 2014

Read the Nevada Real Estate and Development Report: February 2014 - Commercial real estate and development - projects, sales, and leases.

H Sale, Office ADDRESS 3039 W. Horizon Ridge Pkwy, 89052 BUYER Denco, LLC SELLER Vantage at Horizon Ridge, LLC DETAILS 6,754 SF; $1,725,000 APN 177-35-510-029 BUYER’S REP William Skupa and Gino Vincent of MINT Property Group, Ltd. SELLER’S REP Joseph DeSimone of First Federal Realty Desimone Sale, Vacant Land ADDRESS Stephanie St. and Wigwam Pkwy. 89074 BUYER LVCSD … [Read more...]

NorthMarq Arranges $3.9 Million Interim Loan

NorthMarq’s Las Vegas arranged an interim loan of $3.9 million for the refinancing of Terrace Court located at 2316 Spring Grove Dr.

LAS VEGAS – Thomas J. Powell of NorthMarq’s Las Vegas regional office (Nevada License: 48816), in cooperation with Michael Dobbins of NorthMarq’s San Diego office arranged an interim loan of $3.9 million for the refinancing of Terrace Court, a 68-unit multifamily project located at 2316 Spring Grove Dr., Las Vegas, Nevada. Financing was based on a 5-year term with a 30-year … [Read more...]

Thomas J. Powell: NorthMarq Capital

Meet Thomas J. Powell: Managing Director/Structured Finance, NorthMarq Capital

Managing Director/Structured Finance Las Vegas How did you first get into your profession? I began my career with Wells Fargo Bank when I was recruited in 1988 for a management position in business banking for the Silicon Valley market. I was instrumental in the development and initial application of Wells Fargo’s officer sales training … [Read more...]