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Formativ and Argosy Real Estate Partners Secures Construction Financing for 214-Unit The Hunter Apartment Community in Colorado

DENVER, CO - JLL Capital Markets announced today that it has secured construction financing for The Hunter, a 214-unit, Class A multi-housing project located in Colorado Springs’ New South End neighborhood, one of the area’s fastest growing submarkets. JLL worked on behalf of the borrower, a joint venture between Formativ and Argosy Real Estate Partners. The seven-story development will be complete in late 2024. The studio, one- and two-bedroom units will feature modern interiors,...
Colorado Springs United States Rob Bova Colorado Spring New South End Argosy Real Estate Tejon Street

JLL Capital Markets Group Secures Fixed Rate Permanent Financing for 281-Unit Traverse Apartment Community in Denver Metro

DENVER, CO - JLL Capital Markets announced today that it has arranged fixed-rate refinancing for Traverse Apartments, a newly constructed, Class A, 281-unit, luxury apartment community located within the Denver metro in Lakewood, Colorado. JLL worked on behalf of the developer, a joint venture of Trailbreak Partners and Highland Development Company, to secure the fixed-rate Fannie Mae loan. The loan will be serviced by JLL Real Estate Capital, LLC, a Fannie Mae DUS lender. Built in 2022,...
Sloan Lake United States Denver Federal Center Lamar Plaza Rob Bova Denver Tech Center

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JLL Capital Markets Group Arranges Capitalization for 148-Unit Iota Fox Station Apartment Community in Denver, Colorado

DENVER, CO – JLL Capital Markets announced today that it has capitalized Iota Fox Station, a 148-unit, Class A, type III podium apartment development in the burgeoning Fox Station neighborhood of Denver, Colorado. JLL worked on behalf of the developer, Highland Development Company. With an average of 495 square feet, the studio, one-bedroom and two-bedroom apartment units of Iota Fox Station will include stainless steel appliances, in-unit washers and dryers, under-cabinet lighting,...
United States Fox Park Rob Bova Highland Development Company Capital Markets Iota Fox Station

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