NorthMarq Capital arranges $1.535 million refinance for Adobe Court in Colorado Springs, Colorado
Adobe Court
DENVER (November 25, 2013) – Greg Benjamin, senior vice president and Jeff DeHarty, investment analyst of NorthMarq’s Denver regional office arranged refinancing of $1.535 million for Adobe Court, an industrial property located at 3302-3368 Adobe Court, Colorado Springs, Colorado. Financing for the transaction was structured with a 10-year term and 25-year amortization rate. NorthMarq arranged financing for the borrower through its relationship with a correspondent life company. “The property consists of two single-story, multi-tenant flex/warehouse buildings totaling 59,500 sq.ft.,” said Benjamin.
About Northmarq
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
