
Denver Multifamily Lease-up Refinance
$7,383,000 loan arranged
DENVER, CO – PlattPointe Capital is pleased to announce the successful placement of a $7,383,000 lease-up bridge loan for a newly constructed multifamily community located in Denver’s West Colfax neighborhood adjacent to Sloan’s Lake. The loan was structured as a 24-month, interest-only bridge facility to support the property’s lease-up phase.
The property, completed in 2025, is comprised of 32 residences spread across five stories, offering studio, one-bedroom, and two-bedroom floor plans ranging from 462 to 882 square feet. Community amenities include bicycle storage, controlled access with gated entry, a pet play area, and 13 carport parking spaces.
Situated along West Colfax Avenue and steps from Sloan’s Lake, the property is ideally positioned within one of Denver’s most dynamic urban neighborhoods. The West Colfax corridor has experienced significant revitalization driven by new residential and retail development, proximity to Empower Field at Mile High, and convenient access to downtown Denver via public transit and major arterials. Sloan’s Lake Park, Denver’s second-largest park, provides residents with immediate access to outdoor recreation, walking and cycling trails, and a vibrant lakeside dining and retail scene.
Private debt funds continue to compete aggressively in the lease-up bridge space, providing borrowers with higher leverage, flexible structures, and dependable execution.
To discuss your next financing opportunity, reach out to the PlattPointe Capital team to discuss how we can help structure the right capital solution for your property.
TRANSACTION BY THE NUMBERS
Loan Amount
SOFR + 395 Rate
Interest Rate
Ø
Non-Recourse
$7.3MM
