Single-Family Rental Home Portfolio - Denver, CO
$2,450,000 loan arranged by PlattPointe Capital.
DENVER, CO – PlattPointe Capital is pleased to announce the recent procurement of a loan to refinance a single-family rental portfolio. The (9) properties are all located in the Denver Metro area. PlattPointe was engaged by a local real estate investor and operator who wanted to take some cash out and obtain long-term financing with an extended interest-only period.
Financing Highlights
• Final Loan Amount: $2.45MM
• Term: 30 Years
• Interest-Only: 10 years
• Rate: 7.5% fixed
• Cash Out: $324K
• Leverage: 66% LTV
About PlattPointe
PlattPointe Capital LLC is a boutique commercial real estate capital advisory firm that helps developers and investors navigate the capital markets by arranging optimal alternative 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 sponsor’s needs.
More information can be found at www.plattpointe.com.
For any inquiries nationwide, please contact:
Jason Aubrey | 303.598.3876 | jason@plattpointe.com
Creighton Bildstein | 303.589.4258 | creighton@plattpointe.com
Matthew Biegner | 720.470.7706 | matt@plattpointe.com
TRANSACTION BY THE NUMBERS
Loan Amount
30
Year Term
10
Years Interest-Only
$2.45M