Sunday, September 13, 2015

$11.129 million financing for mixed-use development in Denver’s River North secured by HFF

                           
 
Josh Simon
DENVER, CO – Holliday Fenoglio Fowler, L.P. (HFF) announced it has secured $11.129 million in financing for the development of 35th & Larimer, a residential and retail mixed-use property in Denver’s River North neighborhood.

Working on behalf of the borrower, Littleton Capital Partners, HFF placed the 36-month, floating-rate construction loan with a regional bank.  HFF also previously worked to secure financing on the borrower’s behalf for land site acquisition in late 2014.

Due for completion in second quarter 2016, 35th & Larimer will encompass 66 residential units and 10,800 square feet of ground floor retail.  Residential floor plans will include a mix of studio, one- and two-bedroom options ranging from 335 to 1,160 square feet each.

 The property will have two street-level courtyards, a second-level deck with barbecue area, fire pit, bike storage and pet wash station.

 35th and Larimer is situated less than a mile from downtown Denver in the River North (RiNo) area, a rapidly redeveloping neighborhood that formerly consisted of mainly industrial properties and is now home to some of Denver’s best art galleries, restaurants, breweries/wineries and other entertainment attractions. 

The HFF debt placement team representing the borrower was led by managing director Josh Simon and associate director Leon McBroom.


  For a complete copy of the company’s news release, please contact:

Olivia Hennessey
Public Relations Coordinator
HFF | 9 Greenway Plaza Suite 700 | Houston, Texas 77046
tel 713.852.3403 | fax 713.527.8725 | www.hfflp.com



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