DENVER (February 19, 2013) – NorthMarq’s Denver regional office arranged financing of $3,350,000 for Bay Meadows, a 122-unit multi-family community located at 17201 Blackhawk Blvd. in Friendswood, Texas. Constructed in 1983, the 1, 2, and 3 bedroom units are contained in 11 residential buildings. Community amenities consist of outdoor pool with BBQ area, clubhouse, and playground. Some units feature fireplaces, built-in bookshelves, balconies/patios, and washer/dryer connections. Unit upgrade options are available which include designer tile, crown molding, light fixtures, plumbing, as well as resurfaced cabinets and countertops. Paul Bruder, Senior Vice President; and Dan Lucchesi, Investment Analyst, arranged the financing for the borrower.
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