Brief
Northmarq Arranges $20M in Financing for Castle Rock Industrial at The Meadows in Colorado
CASTLE ROCK, COLO. — Northmarq has secured $20 million in permanent-fixed financing for Castle Rock Industrial at The Meadows, an industrial distribution and warehouse facility located at 3563-3593 Ti
Summary
CASTLE ROCK, COLO.
— Northmarq has secured $20 million in permanent-fixed financing for Castle Rock Industrial at The Meadows, an industrial distribution and warehouse facility located at 3563-3593 Timber Mill Parkway in Castle Rock.
The borrower is Sound Capital. Arranged through one of Northmarq’s insurance company lending relationships, the financing provided a seven-term with 3.5 years of interest-only payments followed by a 30-year schedule with stepped down prepayment flexibility. The fina
Source
- REBusinessOnlinerebusinessonline.com
