Denver Mixed-Use Project Lands Construction Loan
- Mar 30, 2017
Denver—HFF has arranged $43.3 million in financing for the development of Lynd @ Park 17, a mixed-use project in the uptown neighborhood of Denver. HFF worked on behalf of Lynd to secure the construction loan.
The San Antonio-based company will construct the eight-story, podium-style building to include 190 Class A residential units. Additionally, the project will include 12,000 square feet of ground-floor retail space. Situated at the corner of Park and 17th avenues to the east of downtown in Denver’s City Park West area, the development will be situated on a 1-acre parcel. The centrally located site is minutes away from Colfax Avenue and the Colorado State Capitol, Saint Joseph Hospital, Presbyterian-St. Luke’s Medical Center and City Park. The project is due for completion in 2019.
The HFF debt placement team representing the borrower was led by Senior Managing Director Travis Anderson and Managing Director Josh Simon.
Rendering courtesy of Harris Kocher Smith