Multifamily - Debt

NorthMarq Capital’s Denver office arranges $5,291,000 supplemental financing for the Ranch at Bear Creek in Lakewood, 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 $5,291,000 for The Ranch at Bear Creek located at 3324 South Field Street in Lakewood, Colorado. The supplemental mortgage, arranged for the borrower, Aukum Management, LLC, was through Freddie Mac and was structured with a 6-year term and 30-year amortization schedule. Constructed in 1973, The Ranch at Bear Creek consists of 201, one, two and three bedroom units contained in 26, two-story buildings. The community features a clubhouse, business center, two outdoor pools, playground and a newly built separate fitness facility. Units feature a patio, fireplace, washer/dryer and air conditioning.

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 $16 billion, loan servicing portfolio of more than $65 billion and the multi-year tenure of our nearly 600 people.