July 13, 2015

NorthMarq Capital arranges $6.7 million in construction financing for St. Michael’s Apartments in Greeley, Colorado

St. Michael’s Apts

Debt & Equity

Multi-Tenant

DENVER (July 13, 2015) – NorthMarq Capital’s Denver office arranged construction financing of $6.7 million for the to-be-built St. Michael’s Apartments to be located at 6750 West 29th Street in Greeley, Colorado. The community will consist of 57 residential units contained in two, three-story buildings. Property amenities include a business center, detached garage parking along with access to a community pool and playground within the St. Michael’s subdivision. Unit amenities will feature fully-equipped kitchens, full-size washer/dryers, walk-in closets, high speed internet access, as well as balconies and/or patios with storage. Paul Bruder, senior vice president and Jeff DeHarty, associate producer arranged the financing for the borrower.

Available Multifamily properties

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 and Four Pillars Capital Markets, Northmarq established itself as a provider of opportunities across all major asset classes. For more information, visit: www.northmarq.com.