Mixed Use
Debt & Equity

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.”

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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Eliot Center
Permanent Loan - Fixed
$7,200,000