Medical Office
Debt & Equity

NorthMarq Capital arranges $4.71 million construction loan for Limelight Healthcare Center in Castle Rock, Colorado

DENVER (October 20, 2016) – Jeff DeHarty, vice president of NorthMarq Capital’s Denver office, arranged a construction loan for Partnering with Physicians, LLC, a Colorado limited liability company, to finance the development of the Limelight Healthcare Center, located at 4350 Limelight Avenue in Castle Rock, Colorado. The Limelight Healthcare Center is a 21,351 sq. ft. multi-tenant medical office building ideally situated adjacent to Castle Rock Adventist Hospital and Health Campus within the master-planned community called “The Meadows.” The loan, arranged through a local lender, is on a 10-year term with 25-year amortization. 

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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.

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Limelight Healthcare Center
Construction Loan
$4,710,000