Preferred Equity for Townhome Development - Denver, CO
$3,200,000 investment arranged by PlattPointe Capital.
DENVER, CO - PlattPointe Capital is pleased to announce the recent procurement of preferred equity financing for a 28-unit townhome development located in the popular Sloan’s Lake area near Denver, CO. PlattPointe was engaged by a seasoned Denver-based Sponsor, who has developed over 250 multifamily units to date, to arrange preferred equity for their upcoming infill townhome project. The development will encompass a mix of one-, two- and three-bedroom units townhomes ranging in size from 1,359 square feet to 1,750 square feet with garages and rooftop decks. Units will be constructed over a 12-month period and will be listed for sale.'
• 10% Fixed Rate plus 3% of gross sales proceeds of each unit upon closing
• 24-Month Term
• Interest Only
PlattPointe Capital LLC is a boutique commercial real estate capital advisory firm that helps developers and investors navigate the capital markets by arranging optimal alternative debt and equity options for a client’s project. Our vision is to engineer the most efficient capital stack based on the constraints of a given project and sponsor’s needs.
More information can be found at www.plattpointe.com.
For any inquiries nationwide, please contact:
Jason Aubrey | 303.598.3876 | email@example.com
Creighton Bildstein | 303.589.4258 | firstname.lastname@example.org
Matthew Biegner | 720.470.7706 | email@example.com
TRANSACTION BY THE NUMBERS
Units For Sale
Pref Equity Investment