NorthMarq Capital’s Denver office arranges $2,694,000 supplemental financing for The Ridge at Mountain View in Arvada, Colorado
The Ridge at Mountain View
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 $2,694,000 for The Ridge at Mountain View, a multifamily project located at 7865 Allison Way in Arvada, 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 1983, The Ridge at Mountain View consists of 168, one and two bedroom units contained in seven, 2-1/2 story buildings. Units feature a patio or balcony, fireplace, washer/dryer and air conditioning.
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.
