Multifamily - Debt

NorthMarq Capital’s Denver office arranges $4,828,000 supplemental financing for Keystone Apartments in Thornton, Colorado

DENVER (September 2, 2016) – Greg Benjamin, senior vice president and Mark Lindgren, investment analyst; of NorthMarq Capital’s Denver office, arranged a supplemental mortgage of $4,828,000 for Keystone Apartments located at 12150 Race Street in Thornton, Colorado. The supplemental mortgage, arranged for the borrower, Aukum Management, LLC, was through Freddie Mac and structured with a 6-year term and 30-year amortization schedule. Constructed in 1986, Keystone consists of 208, one and two bedroom units contained in 13, two and three-story buildings. The community features a separate clubhouse with TV lounge, fitness room and multi-sport court. There is also an outdoor pool. Units have washer/dryers and fireplaces.

Northmarq is an industry-leading capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales and loan servicing. We combine industry-leading capabilities with an open, flexible structure, enabling our team of seasoned professionals to create innovative solutions for clients. Our solid foundation and entrepreneurial approach have built an annual transaction volume of over $30 billion, and loan servicing of nearly $70 billion.