NorthMarq Capital’s Denver office arranges $5.903 million supplemental financing for The Ridge at Mountain View in Arvada, Colorado

The Ridge at Mountain View

Debt & Equity

Multi-Tenant

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.

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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.