Lending Portfolio
Transaction Details
Affinity at Three Springs will be a Class A, 162-unit, garden-style multifamily development. The apartment is strategically located within the Three Springs master-planned community, which includes more than 2,000 residential units and 300,000 square feet of commercial space. The borrower is Kingsbarn Capital & Development, the development arm of Kingsbarn Realty Capital (KRC).
Deal Basics
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location
Durango, Colorado
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loan amount
$32.4M
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loan type
Construction Loan
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property type
Multifamily