NorthMarq’s Bryan Leonard arranges $26.3 million bridge loan for Creekside Business Park in Longmont, Colorado
Creekside Business Park
SAN ANTONIO, TEXAS (June 20, 2019) – Bryan Leonard, senior vice president/managing director of NorthMarq’s San Antonio-based regional office secured the $26.3 million bridge loan for Creekside Business Park. The 257,266 sq. ft. office/flex property is located in Longmont, Colorado. NorthMarq arranged financing for the Borrower through its relationship with a Bridge/Mezzanine lender. The transaction was structured with an initial interest-only term.
“This was the second transaction NorthMarq arranged on behalf of the Borrower with this lender. The lender executed flawlessly in a compressed time frame and delivered a well-structured transaction that complimented the Borrower's business plan,” said Leonard.
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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.
