The complex consists of five, three-story buildings, which were constructed in 1973 and situated on a 5.8-acre site. Amenities include a heated outdoor swimming pool and two laundry rooms in each building with a storage locker for each unit.
Jeffrey C. Fabian, VP and Elaine Kramer, senior investment analyst of NorthMarq's Denver office, arranged the financing for the borrower, Birch Apartments Inc. Birch Apartments Inc. is a single asset entity affiliated with Kinnickinnic Realty in Englewood, CO.NorthMarq is a national real estate investment banker providing financing for commercial real estate including office, retail, industrial, multi-family and assisted living development.
Servicing a portfolio of $11.5 billion on behalf of 50 institutional investors, NorthMarq Capital is headquartered in Minneapolis with regional offices in Denver, Austin, Los Angeles, Kansas City, Phoenix, St. Louis, Chicago, San Francisco, Dallas and Houston.
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