Latest Transaction


Location

Denver, Colorado

Property Type

Condominium Development

Loan Type

Refinance / Construction

Amount

$8,500,000

Need:  The Sponsor approached Verus Commercial Real Estate Finance for a bridge loan to complete the construction of a 27,608 SF Condo Building in Downtown Denver, CO.

Solution: Verus Commercial Real Estate Finance provided a 24-month term with the in order to give them ample time to complete the construction and begin to sell of individual condo units.

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