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Newmark Arranges $11.8M Refinancing for Apartment Community in Bozeman, Montana

Creekside-Apts-Bozeman-MT

Located in Bozeman, Mon., Creekside Apartments features 72 residential units.

BOZEMAN, MON. — Newmark has secured $11.8 million in permanent financing for Creekside Apartments in Bozeman. The new apartment building includes 72 residential units. Demetri Koston of Newmark’s Spokane, Wash., office arranged the financing for the undisclosed borrower. The non-recourse loan features five years of interest-only payments followed by a 30-year amortization schedule.

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