5
SALT LAKE CITY — Northmarq has arranged a $38 million refinancing loan provided by New York Life for locally based Dakota Pacific Real Estate, owner of Bowers Residences in Salt Lake City. Built in 2023, the community consists of studios and one-, two- and three-bedroom units. Amenities include a fitness center with a rock-climbing wall and yoga and spin studio, a rooftop lounge, coworking spaces, a rentable clubroom and kitchen and a courtyard with games and grills. Northmarq’s Salt Lake City Debt + Equity team was led by John Bradshaw, Nate Barnson, Bracken Ostler and Adam Bradshaw.