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