MINNEAPOLIS, MN - Ray Picone out of the Denver office of Colliers Mortgage has closed a Fannie Mae loan for the refinancing of The Everett located in Denver, Colorado.
Built in 2022, the 33-unit market rate property is comprised of one three-story building with studio units featuring a loft floor providing for separation of bedroom and living while maintaining the studio openness. Each unit is equipped with stainless steel appliances, including a dishwasher and an in-unit washer and dryer, with an open floor plan and spacious closets providing ample storage space.
The loan carries a 5-year term and was arranged for The Everett LLC.
About Colliers Mortgage: Colliers Mortgage is distinctively positioned to help meet our clients’ financing, funding and capitalization needs for the acquisition, refinance, construction, rehabilitation, equity bridge and permanent debt for a multitude of property types nationwide. Our professionals work collaboratively to analyze and uncover the best options available for each client’s unique needs, by offering access to federal agency loan programs, commercial finance solutions, and in identifying capital sources for capitalization requirements. We also service all loans we originate and are currently servicing more than $10.0 billion in loans.
About Colliers: Colliers (NASDAQ, TSX: CIGI) is a leading diversified professional services and investment management company. With operations in 66 countries, our 19,000 enterprising professionals work collaboratively to provide expert real estate and investment advice to clients. For more than 28 years, our experienced leadership with significant inside ownership has delivered compound annual investment returns of approximately 20% for shareholders. With annual revenues of $4.5 billion and $98 billion of assets under management, Colliers maximizes the potential of property and real assets to accelerate the success of our clients, our investors and our people. Learn more at corporate.colliers.com, Twitter @Colliers or LinkedIn