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CLOSED & FUNDED | DePaul Provides Financing for Acquisition
DENVER CO, October 31, 2016 â€“ DePaul Real Estate Advisors is pleased to announce the financing of Stapleton Square, a 65,628 square foot, office/warehouse building located along the I-70 corridor in the heart of Denverâ€™s Airport/Montbello submarket â€“ Denverâ€™s largest industrial epicenter.
Paul DeCrescentis and Jarod Pate, who represented the borrower, successfully structured the 10/30 non-recourse loan in the amount of $3,347,500, using a correspondent lender of the DePaul team, for the acquisition of Stapleton Square. The interest rate was locked in advance of funding at less than 4%.
DePaul Real Estate Advisors is a full service commercial real estate advisory and brokerage firm that specializes in income-producing and investment properties, commercial financing, leasing and site selection.
For more information regarding the services DePaul Real Estate Advisors provide, please contact Paul DeCrescentis or Jarod Pate at 303-333-9799.