NorthMarq Capital’s Denver office arranges $21.5 million refinancing for Colonial Square Apartments in Bellevue, Washington
Colonial Square Apts
DENVER (September 2, 2016) – NorthMarq Capital’s Denver office arranged a Fannie Mae DUS refinancing of $21,500,000 for Colonial Square Apartments, located at 1616 156th Avenue NE in Bellevue, Washington. Constructed in 1969, the community consists of 153 residential units contained within one continuous rental building. Amenities include carports, indoor pool, fitness center, sauna/spa and sports courts. Greg Benjamin, senior vice president and Mark Lindgren, investment analyst arranged the refinancing for the borrower, a division of Weidner Investment Services, Inc.
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.