NorthMarq Capital’s Denver office arranges $7.2 million refinance of Eliot Center in Denver, Colorado

Eliot Center
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DENVER (January 3, 2018) – Jeff DeHarty, vice president of NorthMarq Capital’s Denver regional office, negotiated the $7,200,000 refinance of a mixed-use property located in Denver, Colorado. The transaction was structured on a 10-year loan-term with two years interest-only. NorthMarq secured financing for the borrower, Adams Development, through its relationship with Goldman Sachs. “Adams Development did an excellent job of delivering an extremely high quality project,” said DeHarty. “Eliot Center contains 20 multifamily units and just over 7,200 sq. ft. of commercial space. Featuring a rooftop deck and below grade structured parking, Eliot Center is well positioned to serve the residents of the rapidly growing Jefferson Park neighborhood, located minutes from downtown Denver.”

Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.northmarq.com.