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Athletic Club Refinance - Denver, CO

$8,900,000 loan arranged by PlattPointe Capital.

DENVER, CO - PlattPointe Capital recently arranged an $8.9MM permanent loan refinancing for one of Denver's premier athletic clubs. The facility features comprehensive amenities, including indoor and outdoor pools, 19 tennis courts, pickleball courts, racquetball courts, a state-of-the-art fitness center, and basketball facilities. The facility has positioned itself as one of the top athletic establishments in Denver.

Financing Highlights:

• $8.9MM Loan Amount
• 60% Loan to Value
• 6.2% Interest Rate
• No Prepayment Penalty
• Corporate Guarantee

About Platt Pointe

PlattPointe Capital LLC is a boutique commercial real estate capital advisory firm that helps developers and investors navigate the ever-changing capital markets by arranging numerous debt and equity options for a client's project. Our vision is to engineer the most efficient capital stack based on the constraints of a given project and the sponsor's needs.

TRANSACTION BY THE NUMBERS

Interest Rate

60%

Loan to Value (LTV)

Ø

Pre-Payment Penalties

6.2%

PlattPointe Capital Denver, CO
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STATE LICENSE INFORMATION

State: Arizona

CMB License 1027598

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