Short-Term Bridge Loan in Denver, Colorado

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.

Location: Denver, Colorado
Property Type: Condominium Development
Loan Type: Refinance / Construction
Loan Program: Short-Term Bridge Loan
Amount: $8,500,000

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