Mixed Use - Debt

NorthMarq Capital

NorthMarq Capital’s Denver office arranges $7.2 million refinance of Eliot Center in Denver, Colorado

DENVER (January 3, 2018) – Jeff DeHarty, vice president of NorthMarq Capital’s Denver regional office, negotiated the $7,200,000 refinance of a mixed-use property located in Denver, Colorado. The transaction was structured on a 10-year loan-term with two years interest-only. NorthMarq secured financing for the borrower, Adams Development, through its relationship with Goldman Sachs. “Adams Development did an excellent job of delivering an extremely high quality project,” said DeHarty. “Eliot Center contains 20 multifamily units and just over 7,200 sq. ft. of commercial space. Featuring a rooftop deck and below grade structured parking, Eliot Center is well positioned to serve the residents of the rapidly growing Jefferson Park neighborhood, located minutes from downtown Denver.”

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 $13 billion, loan servicing portfolio of more than $55 billion and the multi-year tenure of our more than 500 people.