NorthMarq Capital’s Denver office arranges $4,828,000 supplemental financing for Keystone Apartments in Thornton, Colorado
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 $4,828,000 for Keystone Apartments located at 12150 Race Street in Thornton, Colorado. The supplemental mortgage, arranged for the borrower, Aukum Management, LLC, was through Freddie Mac and structured with a 6-year term and 30-year amortization schedule. Constructed in 1986, Keystone consists of 208, one and two bedroom units contained in 13, two and three-story buildings. The community features a separate clubhouse with TV lounge, fitness room and multi-sport court. There is also an outdoor pool. Units have washer/dryers and fireplaces.
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.
