NorthMarq’s Bryan Leonard arranges $26.3 million bridge loan for Creekside Business Park in Longmont, Colorado
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 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 an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.
