September 12, 2017

NorthMarq Capital’s Minneapolis office arranges $8.25 million refinance of a plaza center in Highlands Ranch, Colorado

Plaza Center

Debt & Equity

Multi-Tenant

MINNEAPOLIS (September 7, 2017) Patrick Minea, executive vice president of NorthMarq Capital’s Minneapolis regional office, and Steve Bye out of the Denver office negotiated refinancing of $8,250,000 for a 145,303 sq. ft. retail property located in Highlands Ranch, Colorado. NorthMarq arranged financing for the borrower through its relationship with Guardian Life Insurance. “Guardian and United Properties have a good relationship and have worked well in other real estate financings,” said Minea.

Available Retail (MT) properties

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.