$2.7M in Financing for Colorado Springs, CO Townhome Project
Project Description
Broadmark Realty Capital is providing this repeat borrower with financing for Phase 1 of the townhomes at Jet Wing in Colorado Springs, Colorado. The townhomes will comprise a total of 48 units at completion. Phase 1 will include the horizontal development and vertical construction of the first 12 townhome units. Broadmark was able to close this loan in one week with a 65 percent loan-to-cost (LTC) ratio.
Loan Details
Colorado Springs, CO
January 2021
$2,700,000
Contact Information
Matt Hittson, Central Region
Tom Gunnison, Central Region
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