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Investment Banker Nabs Financing for Multiple Clients

DENVER-The Northland/Marquette Capital Group team has put together more than $20 million in permanent financing for five clients. The largest signing is finalized for a 48-year-old shopping center in Denver.

By John Rebchook | Updated on February 05, 2001

DENVER-The Denver office of Northland/Marquette Capital Group Inc. recently has completed a number of deals for several clients totaling more than $20 million.

The largest deal is a permanent loan of $6.9 million for the 133,108-sf Brentwood Shopping Center at 1951-2209 S. Federal Blvd. MacFrugals and Rent-A-Center are tenants in the 48-year-old center. Kevin Chadwick, assistant vice president of Northland/Marquette, has arranged the loan on behalf of Brentwood Shopping Center LLC and Mill Creek Properties LLC.

In the second largest deal, Steve Bye, the group’s executive vice president and senior managing director, has arranged a $4.5-million permanent loan for a Bi-Lo grocery store in Fayetteville, NC. The grocery store, completed last year, has 45,353 sf on 4.33 acres. The financing has been arranged on behalf of the buyers, Colorado-based Arsenault Investments VI LLC, Independence Square LLC and Erin Jellel Collins Arsenault Trust as tenants-in-common. All are affiliated with Colorado and Santa Fe Land Co., headed by Marcel Arsenault.

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