
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%