NorthMarq Capital arranges $6.69 million refinance of the Ranch at Bear Creek
The Ranch at Bear Creek
DENVER (April 28, 2014) – John M. Stewart, senior vice president and Sean Wiseman, investment analyst arranged the $6.69 million refinance of The Ranch at Bear Creek, a 201-unit multifamily property consisting of 36 buildings located at 3324 South Field Street, Lakewood, Colorado. The transaction was structured with an 8-year term and 30-year amortization schedule and was arranged for the borrower, Aukum, by NorthMarq through its seller/servicer relationship with Freddie Mac. Units feature open floor plans with central heating/air conditioning, large walk-in closets, private-fenced patio or balcony, full-size washer/dryer hookups, fireplace in select units, as well as secure outside storage units. Amenities include two large outdoor pools, a clubhouse, two playground areas and common laundry facilities. Jason Fuchs, president and managing director, handled the refinance for Aukum Management, LLC.
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.
