Condo Development in Denver

June 6, 2018

Alpine Investments Secures Financing for Condo Development in Denver

alpine_condo_developmentHFF announces financing for condo development in Denver’s LoHi submarket

 

June 6, 2018 – Holliday Fenoglio Fowler, L.P. (HFF) announces financing for the development of The Edge LoHi, a 44-unit, upscale condominium development in Denver’s Lower Highland (LoHi) submarket.

 

The HFF team worked exclusively on behalf of the developer, Alpine Investments, to arrange the 36-month, floating-rate, non-recourse construction loan through a balance sheet lender.

 

The Edge LoHi will be situated immediately north of Interstate 25 in the affluent LoHi neighborhood. Due for completion in 2019, the property’s for-sale homes will feature high-end finishes, unobstructed views of the Denver skyline and an outdoor space for every condo. Community amenities include a dog spa, storage units, bike storage and repair room, lobby lounge with a fireplace and coffee bar and secured building and garage access. Approximately 30 percent of the units were pre-sold at the time of closing.

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