DENVER (September 2, 2016) – Greg Benjamin, senior vice president and Mark Lindgren, investment analyst, of NorthMarq Capital’s Denver office arranged a supplemental mortgage of $2,694,000 for The Ridge at Mountain View, a multifamily project located at 7865 Allison Way in Arvada, Colorado. The supplemental mortgage, arranged for the borrower, Aukum Management, LLC, was through Freddie Mac and was structured with a 6-year term and 30-year amortization schedule.
Constructed in 1983, The Ridge at Mountain View consists of 168, one and two bedroom units contained in seven, 2-1/2 story buildings. Units feature a patio or balcony, fireplace, washer/dryer and air conditioning.
