Office - Debt

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. 

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.