NorthMarq’s Denver office arranges $1.239 million permanent financing for Park View Apartments in Gunnison, Colorado
Park View Apts
DENVER, COLORADO (April 11, 2019) – NorthMarq’s Denver office arranged permanent financing of $1,239,000 for Park View Apartments located at 213 North Loveland Street in Gunnison, Colorado. Renovated in 1979, the property totals 23 units in five buildings, including one with a two-car garage.
Mark Jeffries, vice president, arranged the non-recourse financing for the borrower on a 20-year term and 70 percent LTV.
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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.
