January 29, 2016

NorthMarq Capital’s Denver office arranges $1.86 million financing for Crossroads Self-Storage in Windsor, Colorado

Crossroads Self-Storage

Debt & Equity

Multi-Tenant

DENVER (January 29, 2016) – NorthMarq Capital’s Denver office arranged permanent financing of $1.86 million for Crossroads Self-Storage located at 4270 Highland Meadows Parkway in Windsor, Colorado. Constructed in 2013, the facility consists of 236 self-storage units contained in seven buildings. There are also 49 RV spaces available. Dale Stewart, vice president and Mark Lindgren, investment analyst arranged the non-recourse financing for the borrower through NorthMarq’s correspondent relationship with a life insurance company. The loan is a 10-year term with 25-year amortization and 65 percent LTV.

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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.

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