State: Utah - UT

Dwight Capital has provided $60 million of mortgage financing under the U.S. Department of Housing and Urban Development's 221(d)(4) program for the construction of the 184-unit Lotus Alchemy apartment property in downtown Salt Lake City. Loans under HUD's 221(d)(4) program ...

PGIM has provided $82.5 million of financing against two apartment properties with a combined 408 units in Salt Lake City. Northmarq arranged the debt on behalf of the properties' owner and developer, a venture of Hamilton Partners of Itasca, Ill., ...

REBusiness Online A venture of PGIM and Dakota Pacific Real Estate is breaking ground soon on a 450,000-square-foot industrial property at California Avenue and 4400 West in Salt Lake City. JPMorgan provided construction financing, terms of which were not immediately ...

A venture of ViaWest Group and GEM Realty Capital has secured $43.3 million of financing for the construction of 5400 South, a 470,334-square-foot industrial property in West Valley City, Utah. The floating-rate loan was arranged by JLL Capital Markets. ViaWest, ...

New York Life has provided $38 million of financing against the 236-unit Bowers Residences apartment property in Salt Lake City. Northmarq arranged the fixed-rate loan on behalf of the property's developer and owner, Dakota Pacific Real Estate of Salt Lake ...

Calmwater Capital has provided $22.8 million of financing against the 25,429-square-foot Kimball on Main retail property at 675 Main St. in the historic Old Town section of Park City, Utah. The short-term loan allowed the property's owner, Stanton Road Capital ...

Walker & Dunlop Inc. has originated $170 million of Fannie Mae financing against the 580-unit Post District Residences apartment property in downtown Salt Lake City. The loan was provided through Fannie's near-stabilization lending program, through which the housing-finance agency funds ...

Commercial Real Estate Direct Staff Report Centerspace has paid $149 million, or $618,257/unit, for the 241-unit Sugarmont apartments in Salt Lake City. The Minot, N.D., REIT bought the property, at 2191 South McClelland St., from Cottonwood Communities Inc., a Salt ...

REBusiness Online Kayne Anderson has broken ground on the 562-bed Trolley North Apartments in Salt Lake City. The Los Angeles developer is building the 200-unit property at 470 South 700 East, about two miles west of the University of Utah. ...

Commercial Property Executive Cricut Inc. has extended its lease for the entire 128,000-square-foot Building Five within the RiverPark Corporate Center in South Jordan, Utah. The crafting company will continue to lease the building, at 5414 Center Field Drive, through 2029. ...