BlueMark Capital’s Cleveland office secures $21,500,000 construction/perm loan for Summit County Dept. of Jobs and Family Services
December, 2014 — Jim Vance, Vice President of BlueMark Capital, arranged a construction-perm loan for the redevelopment of a parking garage located at the former Firestone World Headquarters. The four-story garage was converted into a 200,000 SF office building that is occupied by Summit County Department of Jobs and Family Services. BlueMark partnered with William Blair & Co. to finance the property, which also benefitted from State and Federal Historic Tax Credits.
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BlueMark Capital, is a commercial mortgage banking firm that provides, debt, equity and commercial loan servicing across the country. The company has built long term relationships with life insurance companies, local and regional banks, CMBS lenders and the agency sources of Freddie Mac and Fannie Mae.