HFF Lands Financing for Denver Multifamily Community
The brokerage firm secured financing for the construction of a 285-unit multi-housing community in the Mile-High City.
Highlands Ranch, Colo.
Denver—HFF has managed to secure equity and construction financing for the development of a 285-unit residential community in suburban Denver.
Working on behalf of developer ReyLenn Properties LLC, an HFF equity placement team led by Director Pat Burger and Managing Director Josh Simon secured the loan for the development of Solana Lucent Station, a Class A community located in Denver’s Highlands Ranch area.
Located at the northwest corner of Lucent Boulevard and Plaza Drive, roughly 14.5 miles of downtown Denver, the 9.89-acre Solana Lucent community will incorporate 285 one-, two- and three-bedroom units with attached garages.
Scheduled for completion in 2018, the three-story community is adjacent to the future light rail station at C-470/Lucent Boulevard and will also provide easy access to Highway 85 and Interstate 25. Amenities within the LEED Gold certified project will include a resort-style swimming pool with outdoor living room, a spa, barbecue grilling stations, as well as an 8,500-square-foot clubhouse with state-of-the-art fitness center.
Image courtesy of the Highlands Ranch Facebook page
