Finance

San Fransisco-based Gantry, the largest independent commercial mortgage banking firm in the U.S., has secured $32 million of financing to recapitalize the River Run Apartments, a 117-unit multifamily community strategically positioned on the Eagle River with near equidistant access to the Vail and Beaver Creek mountain resorts from the town …

JLL Capital Markets recently arranged $40 million in acquisition financing on behalf of Lightstone, a New York-based privately held real estate investment company, for the purchase of the Commander Industrial Portfolio, an 11-building, multi-tenant industrial portfolio totaling 511,581 square feet in Broomfield. The portfolio consists of 2100, 2300, 2380, 2400 and …

JLL Capital Markets has arranged the refinancing of Gateway Place Phase II Apartments, a 144-unit, three-story, garden-style multi-housing community in Greeley. JLL worked on behalf of the borrower, Morgan Energy to secure the $21.258 million, 10-year, fixed-rate loan through Freddie Mac Multifamily. The loan will be serviced by JLL Real Estate Capital, …

Umpqua Bank, a subsidiary of Umpqua Holdings Corporation headquartered in Roseburg, Ore., is expanding its commercial real estate division into Colorado with the hiring of Todd Grover as senior vice president and market leader, to lead and build the bank’s Denver-based CRE team. Grover is one of Colorado’s top commercial real …

GoDocs, the automation leader in commercial loan document generation, released its 7 Facts: How Federal Interest Rate Increases Affect CRE Multifamily Infographic, which provides a visual guide to quickly understand how changing interest rates may or may not affect the commercial multifamily housing lending landscape. The easily digestible infographic not only provides …

AvenueWest Global Franchise, a real estate partner for property investors and the corporate housing community, with an office in Lakewood, has been named one of the fastest-growing companies by Inc. magazine in 2022. AvenueWest ranked no. 1901 on the annual Inc. 5000 list, the most prestigious ranking of the nation’s …

MGL Partners (MGL), a Denver-based multifamily, senior, workforce and affordable housing developer with a mission to build lasting value through the creation of high-quality communities, has closed on the land for the second phase of the Crisman Apartments, in partnership with the Longmont Housing Authority (LHA). Located at 680 SH …

Schnitzer West, one of the West Coast’s leading real estate investment, development and property management companies with an office in Denver, has secured $196 million in financing for its Fiddler’s Green Portfolio consisting of Palazzo Verdi, Fiddler’s Green I and Fiddler’s Green II. The Class A office portfolio totals 748,445 …

Granite Properties, a commercial real estate investment, development and management company, has closed joint venture equity with Long Wharf Capital for First Avenue Plaza. Spanning an entire block, the complex consists of 44 Cook Street, a 10-story, Class-A, 127,000-square-foot building and 55 Madison Street, an 8-story, Class-A, 137,000-square-foot building. Long Wharf will own 50 …

Ivy Realty, a Greenwich, CT-based real estate investment, development and management company, has acquired Front Range Business Park, a two-building, 117,106-square-foot industrial/flex complex located in Boulder County. The property is currently 100 percent leased to the State of Colorado’s Front Range Community College (“FRCC”), the largest community college in Colorado. Essex Financial Group (“Essex”) arranged …