Multifamily - Debt

NorthMarq Capital’s Denver office arranges $124 million financing for five multifamily communities in Aurora and Colorado Springs, Colorado

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.

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.