NorthMarq’s Denver office secures $3.34 million construction loan for Kiddie Academy Lone Tree in Lone Tree, Colorado

Kiddie Academy Lone Tree
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DENVER, COLORADO (April 11, 2019) – Brian Fisher, vice president of NorthMarq’s Denver-based regional office, arranged the $3.34 million construction loan for Kiddie Academy Lone Tree, a 11,000 sq. ft. single-tenant daycare facility located at 10346 Park Meadows Drive in Lone Tree, Colorado. The transaction was structured with a 3-year term with 2-years of interest-only followed by a 25-year amortization schedule. NorthMarq arranged financing for the borrower through its relationship with a credit union. 

“NorthMarq arranged a construction loan for an experienced retail developer for a single-tenant daycare facility in the desirable Denver suburb of Lone Tree,” said Fisher. “The three year loan is interest-only for the first two years and freely repayable at any time.” 

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.