Multifamily - Debt

NorthMarq’s Denver office arranges $1.239 million permanent financing for Park View Apartments in Gunnison, Colorado

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.

As a capital markets leader, NorthMarq offers commercial real estate investors access to experts in debt, equity, investment sales, and loan servicing to protect and add value to their assets. For capital sources, we offer partnership and financial acumen that support long- and short-term investment goals. Our culture of integrity and innovation is evident in our 60-year history, annual transaction volume of more than $14 billion, loan servicing portfolio of more than $61 billion and the multi-year tenure of our nearly 600 people.