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.
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