June 6, 2018
Alpine Investments Secures Financing for Condo Development in Denver
HFF 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.