Brief
RXR-Led Team Lands Construction Financing for 301-Unit Denver Rental Community
RXR, together with Halpern Real Estate Investments, Korman Communities and Invent Development Partners, secured $125 million in construction financing for AVE Station House, a 301-unit luxury multifam
Summary
RXR, together with Halpern Real Estate Investments, Korman Communities and Invent Development Partners, secured $125 million in construction financing for AVE Station House, a 301-unit luxury multifamily development in Denver, Colorado.
The property was financed with a $100 million senior loan from Madison Realty Capital and a $25 million mezzanine loan from an insurance company....
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Source
- Connect CREconnectcre.com
