NorthMarq Capital’s Denver office secures $19 million refinancing for Homestead Apartments in Greeley, Colorado
Homestead Apts
DENVER (September 26, 2016) – NorthMarq Capital’s Denver office arranged a $19,000,000 refinancing for Homestead Apartments located at 3543-3816 and 3801-3841 W. 29th Street in Greeley, Colorado. The multifamily community, constructed in three phases from 2014-2016, consists of 288 garden units contained in forty, two-story buildings. Community amenities include clubhouse, fitness and business centers, pool, playground and sport court. Units have washer/dryer hookups and island kitchens, walk-in closets and porches in select units. Paul Bruder, vice president, 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.
