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Denver-dependent developer Cypress True Estate Advisors secured $67 million in development funding for The Cameron in Denver. The to-be-created, upscale apartment enhancement will be a five-story, 361-unit wrap property, consisting of thirty studio, 239 just one-bedroom and 92 two-bedroom apartments.

Found on two.94 acres at 4545 E. Warren Ave., the challenge is the first of a two-stage create-out system on a much larger five.35-acre assemblage. The web-site is in close proximity to the Colorado Station RTD gentle rail quit.

In-unit amenities will contain stainless-steel appliances, quartz counter tops and balconies, with pick units featuring vaulted ceilings. Community amenities will contain a resort-model pool with cabanas and grilling stations, a two-story clubroom, courtyards, point out-of-the-artwork health and fitness center, enterprise café and an eco-welcoming recycling and squander reduction software.

JLL Capital Markets’ Campbell Roche and Eric Tupler represented the developer to secure the five-yr, floating-fee loan with Pacific Western Financial institution.

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Tags: Apartments & Multifamily, Progress, Funding

apartments enhancement funding

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$67M in Building Funding Secured for Denver Progress

Dennis Kaiser