DENVER, CO - Berkadia today announced that it has arranged a strategic partnership between Monday Properties, an owner, operator, and industry-leading developer of commercial and residential real estate in highly targeted, supply constrained markets, and private equity firm FrontRange Capital Partners LLC of Denver, Colorado.
Berkadia’s Joint Venture Equity and Structured Capital Group, led by Chinmay Bhatt, Noam Franklin and Cody Kirkpatrick, arranged a $50 million growth capital investment from FrontRange. The partnership is the latest in a series of moves by Monday Properties to accelerate growth in the company’s current core markets, while also fueling investments in high-quality projects in emerging submarkets.