NorthMarq Capital’s Denver office arranges $5.903 million supplemental financing for The Ridge at Mountain View in Arvada, Colorado
DENVER (January 7, 2015) – Greg Benjamin, senior vice president and Jeff DeHarty, senior investment analyst of NorthMarq Capital’s Denver based office arranged a supplemental mortgage of $5.903 million for The Ridge at Mountain View, a multifamily property located at 7865 Alison Way in Arvada, Colorado. The supplemental mortgage, arranged for the borrower, Aukum Management, LLC, through Freddie Mac is junior to the Freddie Mac first mortgage arranged by NorthMarq in 2012. The transaction was structured with a 7-year term and 30-year amortization schedule. Constructed in 1983, the property consists of 168, one and two bedroom units contained in seven, 2-1/2 story building. Units feature a patio or balcony, fireplace, washer/dryer and air conditioning.
Northmarq is a full-service capital markets resource for commercial real estate investors, offering seamless collaboration with top experts in debt, equity, investment sales, loan servicing, and fund management. The company combines industry-leading capabilities with a flexible structure, enabling its national team of experienced professionals to create innovative solutions for clients. Northmarq’s solid foundation and entrepreneurial approach have built an annual transaction volume of more than $39 billion and a loan servicing portfolio of more than $76 billion. Through the 2022 acquisition of Stan Johnson Company, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit www.Northmarq.com.
