NorthMarq Capital’s Denver office arranges $6.7 million refinancing for Foster Greens Apartments in Tukwila, Washington
Foster Greens Apts
DENVER (January 11, 2016) – NorthMarq Capital’s Denver office arranged a $6.7 million refinancing for Foster Greens Apartments located at 13865 Interurban Avenue South in Tukwila, Washington. Constructed in 1988, the property consists of 104 residential units contained in ten, two-story buildings. Community amenities feature garages, reserved parking, heated pool, fitness center, sauna/spa and sports court. Units have washer/dryers and fireplaces. Greg Benjamin, senior vice president and Jeff DeHarty, associate producer arranged the refinancing for the borrower, a division of Weidner Investment Services, Inc., a Seattle-based, privately-held owner of multiple multifamily properties. Ben Katon is vice president of Finance & Acquisitions and Kevin Colard is director of Acquisitions.
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 a loan servicing portfolio of more than $76 billion and a two-year transaction volume of $52 billion. For more information, visit www.northmarq.com.
