NorthMarq Capital’s Denver office finalizes $28 million refinancing for Glenwood Meadows in Glenwood Springs, Colorado
Glenwood Meadows
DENVER (January 20, 2016) – NorthMarq Capital’s Denver office arranged the $28 million refinance of Glenwood Meadows, a retail property located at 10-45 Market Street, 105-405 E. Meadows Drive and 100-400 W. Meadows Drive in Glenwood Springs, Colorado. The subject collateral, totaling approximately 145,000 sq. ft., consists of national tenants such as Chili’s, Petco, Vitamin Cottage, Bed, Bath and Beyond and Ulta Beauty. The center is anchored by Target and Lowe’s, neither of which are part of the subject collateral. Paul Bruder, vice president and Conor McCahill, investment analyst arranged the refinancing for the borrower through NorthMarq’s correspondent relationship with a life insurance company.
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.
