Greystone has provided $24.95 million of financing under the U.S. Department of Housing and Urban Development's 221(d)(4) program for the construction of the 100-unit Altitude Apartments in Glenwood Springs, Colo. The property is being developed by a venture of Triumph ...
Centennial Aspen Apartments The transaction was financed with a three-year, $30.75 million loan from Merchants Bank of Indiana, according to Pitkin County, Colo., records. Additional terms of the loan were not available.
Kimpton Hotel & Restaurant Grp to manage the property, which recently had a $2Mln renovation. Earlier deal to sell to LaSalle Hotel fell through.
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..