3rd Avenue Townhomes

Refinance, Development & Construction

Project Description

Broadmark (NYSE: BRMK) provided the borrower with capital to refinance and develop six townhomes in the highly desired Avenues neighborhood of Salt Lake City, Utah. The property is currently an abandoned service/gas station. Each unit will be three stories and approximately 2,500 SF in size with 3 bedrooms and 3.5 bathrooms, a two-car garage, a front patio, and a roof deck.

Loan Details

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Salt Lake City, UT

Broadmark logo

June 2022

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$5,710,644

Contact Information

Matt Hittson

Matt Hittson, Central Region

Tom Gunnison

Tom Gunnison, Central Region

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