Wednesday, April 20, 2022

JLL Capital Markets arranges financing for the planned 148-unit Iota Fox Station apartments in emerging Denver, CO submarket

 

Rendering of planned 148-unit 
 Iota Fox Station apartments
 in Fox Station, CO

 DENVER, CO JLL Capital Markets has capitalized Iota Fox Station, a 148-unit, Class A, type III podium apartment development at 500 West. 41st Avenue, in the burgeoning Fox Station neighborhood of Denver, Colorado.

 JLL worked on behalf of the developer, Highland Development Company.

 The JLL Capital Markets Debt and Equity Advisory team representing the borrower was Director Rob Bova.

Rob Bova
“Iota Fox Station is an exciting project located in Fox Station, a rapidly changing and burgeoning Denver submarket,” said Bova.

“The Highland Development Company team did an excellent job programming the site to the needs of the submarket and future tenant base, which was reflected in kind through robust capital interest.

"The development team had the foresight to identify, program and move quickly through a rapidly evolving capital markets environment in order to be a trailblazer for the neighborhood.”

 

 CONTACT:

Jenna Sharp

JLL

M +1 214 394 3356

JLL.com

HighlandDevelopmentCo.com.

 

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