NorthMarq Capital’s Phoenix office arranges $15.5 million acquisition of Turntable Studios in Denver, Colorado
PHOENIX – NorthMarq Capital’s Phoenix regional office, negotiated acquisition financing of $15,500,000 for Turntable Studios, a 179-unit multifamily property located at 1975 Mile High Stadium Circle in Denver, Colorado. The transaction was structured with a 20-year fully amortizing loan. NorthMarq arranged financing for the borrower through its relationship with a correspondent life company.
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.