Newmark Knight Frank arranges $81 million loan for 255 St. Paul

Newmark Knight Frank arranged an $81 million loan for part of BMC Investments’ St. Paul Collection in Cherry Creek North. The fixed-rate loan refinances 255 St. Paul, one of two buildings that comprise the St. Paul Collection. The 255 St. Paul building at 255 St. Paul St. in Denver is a newly developed luxury residential…

Jennifer Hayes

July 14, 2019

Insurance companies expand multifamily financing options

When financing multifamily properties, most apartment owners first think about government sponsored entities, Fannie Mae and Freddie Mac.

CREJ

July 13, 2019

NorthMarq arranges $26.3 million loan

An office/flex property in Longmont was the subject of a $26.3 million bridge loan. Bryan Leonard, senior vice president/managing director of NorthMarq’s San Antonio-based regional office, secured the loan for the Creekside Business Park. The 257,266-square-foot property is located at 1921 Corporate Creek Circle, 1811 Pike Road and 1900 S. Sunset St. NorthMarq arranged financing…

Jennifer Hayes

June 30, 2019

HFF arranges $220 million loan for 1144 Fifteenth

A $220 million loan was arranged by Holliday Fenoglio Fowler LP for a Class AA office building in downtown Denver. The HFF team, including Senior Managing Director Eric Tupler, worked on behalf of the borrower, Hines, and its equity partner to secure a 17-year, fixed-rate permanent loan through New York Life Real Estate Investors, on…

Jennifer Hayes

June 22, 2019

Small-balance loans bring big benefits to owners

On March 26, Gary Ghiselli closed on refinancing Forest Street, the 24-unit property he has owned for several years. Leveraging a rally in the U.S. Treasury rates, he locked in a 4.09 percent fixed rate for 12

CREJ

May 17, 2019

The yield curve inverted in March, what does it mean?

In a previous CREJ article from last May, I discussed strategies to minimize risk in a flat yield curve environment. While those financing strategies of utilizing forward commitments and interest rate

CREJ

May 3, 2019

Partnership receives $75M in financing for The Confluence

Developer The Garrett Cos. sold the 164-unit property located at 5403 W. 96th Ave. 

Jennifer Hayes

March 31, 2019

Familiarize yourself with the art of the debt fund

More and more, the term “debt fund” has been thrown around in the debt capital markets, and it’s a term more borrowers should understand. Last year, we closed 21 transactions with debt funds in

CREJ

March 3, 2019

HFF arranges $47.18 million construction loan for apts

Brickhouse at Lamar Station will be located on a 3.75-acre site at 6300 W. 13th Ave., within walking distance of the Lamar Station light-rail stop. 

Jennifer Hayes

February 18, 2019

Impacts from the world’s biggest bank merger in a decade

BB&T agreed to buy Suntrust in the world’s biggest bank merger in a decade. This will create the sixth-largest bank in the country. Bank of America CEO Brian Moynihan predicted another round of

CREJ

February 17, 2019