DENVER (January 28, 2016) – NorthMarq Capital’s Denver office arranged supplemental financing of $7 million for Heights on Huron, located at 10648 Huron Street in Northglenn, Colorado. The multifamily community was constructed in 1969 and totals 252 units contained in 21 residential buildings. Property amenities feature two outdoor heated swimming pools, outdoor lounge/fire pit area, laundry rooms, BBQ area, playground and convenient access to Hugh Danahy Park and lake across the street. Units have air conditioning and walk-in closets.
Greg Benjamin, senior vice president and Jeff DeHarty, associate producer arranged the financing for the borrower, an experienced Denver-based commercial real estate developer and investor for whom NorthMarq has arranged additional loans.