January 5, 2016

NorthMarq Capital arranges permanent financing of $3,055,000 and equity of $987,000 for Sunflower Apartments in Tucson, Arizona

Sunflower Apts

Debt & Equity

Multi-Tenant

DENVER (January 5, 2016) – NorthMarq Capital’s Denver office arranged debt of $3,055,000, as well as equity totaling $987,000 for Sunflower Apartments located at 6502 E. Golf Links Road in Tucson, Arizona. The gated community consists of 144 units contained in eighteen, two-story buildings. Property amenities feature fitness center, pool and spa, 24-hour laundry facility, racquetball court, and playground. Units have Wi-Fi, vaulted ceilings, private entryways and balconies or patios. Paul Bruder, vice president; and Conor McCahill, investment analyst, arranged the financing for the borrower through NorthMarq’s correspondent relationship with a life insurance company.

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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.

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