NorthMarq Capital’s Denver office arranges $124 million financing for five multifamily communities in Aurora and Colorado Springs, Colorado
Five Multifamily Communities
DENVER (August 18, 2017) – NorthMarq Capital’s Denver office arranged a five-loan, multifamily transaction with a combined total financing of $123,759,000 for apartment communities (1,900 units) located in Aurora and Colorado Springs, Colorado. Properties in Aurora include Westover Gardens (built in 1986-286 units), Ridge Hill (built in 1984-576 units), Quincy Ridge (built in 1984-424 units), and Sanctuary at Heather Ridge (built in 1972-358 units). Beverly Place is the property located in the Colorado Springs community (built in 1984; 256 units). Gordon Mickelson, senior director and Brian Fisher, senior investment analyst, arranged the 15-year financing through NorthMarq Capital Finance on behalf of OLP Management Company.
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Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $78 billion and has completed $69.5 billion in transactions over the past three years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide. For more information, visit www.northmarq.com.
