NorthMarq Capital’s Denver office arranges $6.7 million refinancing for Foster Greens Apartments in Tukwila, Washington
Foster Greens Apts
DENVER (January 11, 2016) – NorthMarq Capital’s Denver office arranged a $6.7 million refinancing for Foster Greens Apartments located at 13865 Interurban Avenue South in Tukwila, Washington. Constructed in 1988, the property consists of 104 residential units contained in ten, two-story buildings. Community amenities feature garages, reserved parking, heated pool, fitness center, sauna/spa and sports court. Units have washer/dryers and fireplaces. Greg Benjamin, senior vice president and Jeff DeHarty, associate producer arranged the refinancing for the borrower, a division of Weidner Investment Services, Inc., a Seattle-based, privately-held owner of multiple multifamily properties. Ben Katon is vice president of Finance & Acquisitions and Kevin Colard is director of Acquisitions.
About Northmarq
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.
