NorthMarq Capital’s Denver office arranges $2,694,000 supplemental financing for The Ridge at Mountain View in Arvada, Colorado

The Ridge at Mountain View
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DENVER (September 2, 2016) – Greg Benjamin, senior vice president and Mark Lindgren, investment analyst, of NorthMarq Capital’s Denver office arranged a supplemental mortgage of $2,694,000 for The Ridge at Mountain View, a multifamily project located at 7865 Allison Way in Arvada, Colorado. The supplemental mortgage, arranged for the borrower, Aukum Management, LLC, was through Freddie Mac and was structured with a 6-year term and 30-year amortization schedule. Constructed in 1983, The Ridge at Mountain View consists of 168, one and two bedroom units contained in seven, 2-1/2 story buildings. Units feature a patio or balcony, fireplace, washer/dryer and air conditioning.

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.